Board approved proposed rights issue of partly paid-up equity shares up to Rs. 30 crore; Draft Letter of Offer shared

Board approved fund raising via partly paid-up equity shares on a rights basis, for a maximum of up to Rs. 30 Crores (₹3000.00 lakh).

Mon 5 Oct 2026

Rights Issue Size

up to Rs. 30 Crores (₹3000.00 lakh)

Face Value per Share

₹10 per share

Board Approval Date

October 01, 2026

Draft Letter of Offer Date

October 05, 2026

Designated Stock Exchange

BSE

The Board of Directors, at its meeting held on October 01, 2026, approved fund raising by way of issue of partly paid-up equity shares of the company to its eligible shareholders as on the Record Date, on a right basis, for a maximum amount of up to Rs. 30 Crores (Rupees Thirty Crores Only). The fund raising is subject to receipt of necessary approvals. A Draft Letter of Offer dated October 05, 2026 for the rights issue has been submitted to BSE.

What is being offered

• The Issue is of partly paid-up equity shares of face value of ₹10 each, for cash, aggregating up to ₹ 3000.00 lakh, on a rights basis to eligible equity shareholders.
• Eligible equity shareholders are those holding shares as on the Record Date, which is to be notified later. Only shareholders who have provided an Indian address are eligible to participate.
• Rights Entitlements are issued in proportion to the number of shares held by an eligible shareholder on the Record Date.

Partly paid-up shares, in simple terms

• A partly paid-up share is one where the shareholder pays only part of the price when applying; the balance is paid later when the company makes one or more calls.
• The payment schedule shows the total face value of 10.00 per Rights Equity Share, split between the amount payable on application and the amount payable on one or more subsequent calls as determined by the Board at its sole discretion.
• No withdrawal of an application is permitted after the Issue Closing Date.

Process and agencies

• The Designated Stock Exchange for the Issue is BSE. An application will be made to BSE for trading approval for the Rights Entitlements.
• Registrar to the Issue: Alankit Assignments Limited. Banker to the Issue: HDFC Bank Limited.
• Monitoring Agency: CARE Ratings Limited, in relation to monitoring of the net proceeds.
• Eligible shareholders can renounce their Rights Entitlements on-market through a registered stock broker, or off-market through a depository participant.
• Off-market renunciation must be completed so that the Rights Entitlements reach the renouncee's demat account on or prior to the Issue Closing Date.
• The Board or the Rights Issue Committee can extend the Issue Period, but not beyond 30 days from the Issue Opening Date.

Key disclosures

• Neither the company, its promoters nor its directors are identified as wilful defaulters or fraudulent borrowers.
• The company was originally incorporated as Maple Newgen Trade Private Limited, was later named Tinna Trade Limited, and was renamed Fratelli Vineyards Limited on July 26, 2024.
• The company has a wholly owned subsidiary, Fratelli Wines Private Limited.
• Promoters: Gaurav Sekhri, Puja Sekhri, Aditya Brij Sekhri, Bhupinder Sekhri & Sons HUF, Arnav Sekhri, Bhupinder & Kapil HUF, Shobha Sekhri, Aarti Sekhri, Bhupinder Kumar Sekhri and Krishnav Sekhri.

What a rights issue means for a shareholder

• In a rights issue, existing shareholders are offered new shares, usually at a ratio linked to their current holding, and they may take up their entitlement, renounce it, or let it lapse.
• Because these shares are partly paid-up, the money is collected in instalments rather than fully on application.
• The Issue Price, the entitlement ratio and the Record Date are to be notified; the outcome depends on whether eligible shareholders choose to subscribe.

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