StockWatch
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Trading & Distributors
Rights Issue7 Oct 2026, 04:07 pm

Fratelli Vineyards Defers Rights Issue Consideration Due to BSE Approval Delay

AI Summary

Fratelli Vineyards Limited has announced the deferral of its Rights Issue Committee meeting, originally scheduled for October 7, 2026. The committee was set to consider the issue price, entitlement ratio, and other modalities for the rights issue, which was approved by the Board on October 1, 2026. The deferral is due to the company not yet receiving the 'in-principle' approval from the BSE. The company will proceed with these considerations once the necessary approval is obtained. This disclosure will be hosted on the company's website.

Key Highlights

  • Rights Issue Committee meeting deferred.
  • Deferral is due to pending BSE 'in-principle' approval.
  • Consideration of issue price and entitlement ratio postponed.
  • Company will proceed once BSE approval is secured.