Fratelli Vineyards Limited has scheduled a meeting of its Board of Directors for September 1, 2026, to consider the formulation of an employee stock option scheme.

The company, fratelli vineyards , intends to implement the Fratelli Vineyards Limited Employee Stock Option Scheme 2026. This move aligns with standard corporate governance practices for talent retention and alignment of interests.

Regulatory Compliance and Approvals

The proposed scheme is structured in accordance with the SEBI (Share Based Employee Benefits and Sweat Equity) Regulations, 2021. Additionally, it adheres to Section 62(1)(b) of the Companies Act, 2013, and other applicable laws.

The Board’s approval is subject to further clearance from the shareholders. The company plans to seek this approval through a general meeting or postal ballot, accompanied by an explanatory statement and other related matters.

Meeting Agenda

The primary agenda items for the September 1 meeting include:

• Formulation and implementation of the ESOP Scheme 2026
• Notice for seeking shareholder approval via general meeting or postal ballot
• Explanatory statement and other related matters
• Any other matter with the permission of the Chair

The intimation was issued pursuant to Regulation 30 and other applicable provisions of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.

Fratelli Vineyards has completed the dispatch of its postal ballot notice to shareholders, seeking approval for an increase in authorised share capital from ₹44 crore to ₹50 crore. The company confirmed the dispatch was made via email on August 22, 2026.

The proposal aims to create 60 lakh new equity shares of ₹10 each, bringing the total authorised capital ceiling to ₹50 crore, divided into 5 crore equity shares. These new shares will rank pari passu with existing equity shares. The move requires a consequential alteration of Clause V of the Memorandum of Association.

Voting Timeline

Shareholders holding equity shares as on the cut-off date of August 14, 2026, are eligible to vote. The remote e-voting window is scheduled as follows:

Capital Structure Details

The company currently has an authorised share capital of ₹44 crore, divided into 4.4 crore equity shares. The paid-up share capital stands at ₹43.47 crore, comprising 434.72 lakh equity shares.

The proposed resolution seeks to raise the authorised limit to ₹50 crore, divided into 5 crore equity shares. This adjustment provides headroom for future capital requirements without immediate issuance of shares to the public.

What the Numbers Show

The proposed increase represents a 13.6% uplift in the authorised capital ceiling. With the paid-up capital already at 98.8% of the current authorised limit, the board is addressing a near-capacity constraint to facilitate future flexibility.

Source: https://lodr-files.dhan.co/lodr-inputs/Company/INE401Z01019/3c885471-923f-457c-b569-95c0062ec5ed.pdf