Fratelli Vineyards disclosed an off-market inter-se transfer of 90,36,779 equity shares, representing a 20.79% stake, among its promoter group on August 21, 2026.

The transaction, executed by way of gift without consideration, consolidates voting control under Bhupinder Kumar Sekhri while leaving the aggregate holding of the promoter and promoter group unchanged. The disclosure was made pursuant to Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, and Regulation 10(6) of the SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 2011.

Transaction Details

Bhupinder Kumar Sekhri acquired the shares from four persons acting in concert (PACs) within the promoter group. The transfers were made pursuant to Regulation 29(3) of the SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 2011.

Post-Transfer Holdings

Prior to the transaction, Bhupinder Kumar Sekhri held 2,29,664 shares (0.53%). Following the acquisition, his holding increased to 92,66,443 shares, constituting 21.32% of the total share capital.

The sellers collectively reduced their combined holding from 27.72% to 6.93%. Mrs. Shobha Sekhri, Mrs. Aarti Sekhri, and Mr. Gaurav Sekhri each retained a residual stake of 1.00% (4,34,724 shares). Mrs. Puja Sekhri retained a 3.93% stake (17,08,344 shares).

What the Numbers Show

The restructuring significantly centralizes voting power within a single promoter entity. Bhupinder Kumar Sekhri’s stake expanded from a marginal 0.53% to a controlling 21.32%, whereas the remaining PACs hold only 6.93% collectively. This shift alters the internal distribution of equity within the promoter group without affecting external ownership or total promoter block size.

Fratelli Vineyards Limited has announced a significant consolidation of its promoter shareholding through a series of off-market transfers. Promoter Bhupinder Kumar Sekhri intends to acquire 90,36,779 equity shares, constituting 20.79% of the company’s total share capital, from four other members of the promoter group. The acquisition is structured as a gift without consideration and is expected to be completed on or before September 10, 2026.

The transaction falls under the exemption provided by Regulation 10(1)(a)(i) and (ii) of the SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 2011. As this is an inter-se transfer within the promoter group, the aggregate holding of the promoter and promoter group remains unchanged before and after the proposed transaction. The disclosure was made pursuant to Regulation 10(5) of the SEBI SAST Regulations on August 14, 2026.

Transaction Details

Mr. Sekhri is acquiring shares from Mrs. Shobha Sekhri, Mr. Gaurav Sekhri, Mrs. Aarti Sekhri, and Mrs. Puja Sekhri. The volume-weighted average market price of the shares over the 60 trading days preceding the notice was INR 96.56 per equity share. However, since the transfer is by way of gift, the acquisition price is nil.

Impact on Shareholding Pattern

Following the transfer, Mr. Bhupinder Kumar Sekhri’s individual stake will increase from 0.53% (2,29,664 shares) to 21.32% (92,66,443 shares). Conversely, the stakes of the transferring promoters will decrease significantly. Mrs. Shobha Sekhri, Mr. Gaurav Sekhri, and Mrs. Aarti Sekhri will each retain a holding of 1.00% (4,34,724 shares each), while Mrs. Puja Sekhri’s stake will reduce to 3.93% (17,08,344 shares).

What the Numbers Show

The restructuring results in a marked concentration of voting power within the promoter group. While the collective promoter holding remains static, Mr. Sekhri’s post-transaction stake of 21.32% makes him the single largest individual shareholder among the promoters listed, up from a marginal 0.53% previously. This shift simplifies the decision-making structure within the promoter circle without altering the overall control dynamics relative to non-promoter shareholders.