Fratelli Vineyards Announces Resignation of Company Secretary Mohit Kumar

Fratelli vineyards Limited has announced the resignation of its Company Secretary and Compliance Officer, CS Mohit Kumar, effective from the close of business hours on April 3, 2026. The announcement was made through a regulatory filing to BSE Limited under Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.

Resignation Details

CS Mohit Kumar (ACS38142) submitted his resignation letter dated April 3, 2026, citing his decision to pursue alternate career opportunities outside the organization. Kumar served as both Company Secretary and Compliance Officer, holding the position of Key Managerial Personnel within the company.

Parameter	Details
Effective Date	April 3, 2026 (close of business hours)
Position	Company Secretary & Compliance Officer
Membership Number	ACS38142
Reason	Alternate career opportunities

Board Acceptance and Formalities

The Board of Directors has officially accepted Kumar's resignation and recorded the same in their proceedings. The company has confirmed that Kumar stated there are no other material reasons for his resignation beyond those mentioned in his resignation letter. The board will complete all necessary formalities related to his departure in due course.

Regulatory Compliance

The resignation announcement complies with Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, and follows the guidelines outlined in SEBI Circular SEBI/HO/CFD/CFD-PoD-1/P/CIR/2023/123 dated July 13, 2023. The company has provided detailed information regarding the resignation as required under these regulations.

Acknowledgment and Transition

In his resignation letter, Kumar expressed sincere gratitude to the Board of Directors for their support, guidance, and cooperation during his tenure with the company. He requested the company to take necessary steps to file requisite forms with the Registrar of Companies and inform stock exchanges to give effect to his resignation.

The company, formerly known as Tinna Trade Limited, operates under the leadership of Managing Director Gaurav Sekhri and is registered in New Delhi with its corporate identification number L11020DL2009PLC186397.

1 Day	5 Days	1 Month	6 Months	1 Year	5 Years
+3.60%	+16.36%	-1.68%	-33.82%	-54.57%	+596.36%

Fratelli vineyards Limited's board of directors has approved a significant corporate guarantee to support its subsidiary's banking operations. The decision was made during a board meeting held on March 12, 2026, demonstrating the company's commitment to supporting its group operations.

Board Meeting Outcomes

The board of directors unanimously approved the issuance of a corporate guarantee worth ₹72.50 crore in favour of SVC Co-op. Bank Ltd. This guarantee is specifically intended to support the renewal of borrowing facilities sanctioned to Fratelli Wines Private Limited, which operates as the company's wholly owned subsidiary.

Parameter	Details
Guarantee Amount	₹72.50 crore
Beneficiary Bank	SVC Co-op. Bank Ltd.
Purpose	Renewal of borrowing facilities
Subsidiary	Fratelli Wines Private Limited
Meeting Duration	4:00 p.m. to 4:30 p.m. IST

Corporate Guarantee Details

The corporate guarantee arrangement involves several key aspects that define its scope and implications. The guarantee is provided specifically for Fratelli Wines Private Limited, ensuring the subsidiary maintains access to necessary banking facilities for its operations.

Particulars	Details
Beneficiary Party	Fratelli Wines Private Limited (Wholly owned subsidiary)
Promoter Interest	No promoter/group company interest involved
Agreement Nature	Corporate guarantee against borrowing facility renewal
Contingent Liability	Applicable only if subsidiary defaults on payments

Regulatory Compliance

The decision was made in accordance with Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. The company has fulfilled its disclosure obligations by providing detailed information about the corporate guarantee arrangement, including its terms and potential impact on the listed entity.

Financial Impact Assessment

According to the company's disclosure, the corporate guarantee will have no direct impact on Fratelli Vineyards Limited's operations. However, it does create a contingent liability equal to the guarantee amount. The liability would only materialize if Fratelli Wines Private Limited fails to meet its payment obligations to SVC Co-op. Bank Ltd.

The guarantee structure ensures that the parent company supports its subsidiary's financial requirements while maintaining clear boundaries regarding actual financial exposure. This arrangement allows the subsidiary to access necessary banking facilities while providing the bank with additional security through the parent company's guarantee.