StockWatch
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Trading & Distributors
Board Meeting1 Oct 2026, 07:40 pm

Fratelli Vineyards Board Meeting on Oct 7 to Discuss Rights Issue Modalities

AI Summary

Fratelli Vineyards Ltd has announced a Board of Directors meeting scheduled for October 7, 2026. This meeting follows a previous board meeting on October 1, 2026, where a Rights Issue of partly paid-up equity shares, not exceeding ₹30 Crores, was approved. The upcoming meeting will focus on finalizing key aspects of the Rights Issue, including the Issue Price, Entitlement Ratio, and other related modalities. These decisions are contingent upon receiving in-principle approval from the stock exchanges and any other necessary regulatory clearances.

Key Highlights

  • Board meeting scheduled for October 7, 2026.
  • To consider Issue Price and Entitlement Ratio for Rights Issue.
  • Rights Issue aims to raise up to ₹30 Crores.
  • Subject to stock exchange and regulatory approvals.