Fratelli Vineyards Invests ₹7.5 Cr in Subsidiary Fratelli Wines

Fratelli Vineyards Ltd announced that its Board of Directors, in a meeting held on June 24, 2026, approved the subscription of 3,80,000 equity shares in its wholly-owned subsidiary, Fratelli Wines Private Limited (FWPL). The investment amounts to ₹7.52 crore, with each share priced at ₹198 (including a premium of ₹188). This capital infusion is intended to finance FWPL's working capital requirements. FWPL is engaged in the wine and alcoholic beverages business, with a turnover of ₹18120.04 lacs for FY26. The transaction is considered a related party transaction but is conducted at arm's length. The acquisition is expected to be completed by August 30, 2026, and will not alter Fratelli Vineyards' 100% ownership of FWPL.