Fratelli Vineyards Approves Rights Issue Terms

Fratelli Vineyards Limited's Rights Issue Committee has approved the terms for a Rights Issue of partly paid-up equity shares. The issue aims to raise up to ₹29.87 Crore (₹2986.65 Lakhs) by offering 33,18,503 shares at ₹90 each. The payment schedule involves 60% on application and 40% in subsequent calls. The record date for determining eligibility is October 30, 2026, with the issue opening on November 6, 2026, and closing on November 17, 2026. This move follows the board's initial approval on October 1, 2026, to raise funds not exceeding ₹30 Crore.