Fratelli Vineyards Promoters Boost Stake, Inject Rs 3.38 Crore Through Warrant Conversion

Fratelli Vineyards Limited , a leading Indian wine producer, announced a significant move by its promoter and promoter group members to strengthen their commitment to the company. The promoters have converted warrants into equity shares, resulting in a fresh capital infusion of Rs 3.38 crore.

Key Details of the Transaction

Conversion Price: Rs 300 per share
Number of Warrants Converted: 1,12,500
New Equity Shares Issued: 1,12,500
Total Capital Infusion: Rs 3,37,50,000

Breakdown of Warrant Conversion

Allottee	Category	Shares Allotted	Amount Paid (Rs)
Ms. Puja Sekhri	Promoter	30,000	90,00,000
Mr. Gaurav Sekhri	Promoter	30,000	90,00,000
Mrs. Aarti Sekhri	Promoter	30,000	90,00,000
Mrs. Shobha Sekhri	Promoter	30,000	90,00,000
M/s Chin Min Developers Private Limited	Promoter Group	30,000	90,00,000

Impact on Shareholding

Pre-conversion Promoter Shareholding: 56.91%
Post-conversion Promoter Shareholding: 57.06%

The conversion price of Rs 300 per share is notably higher than the current market price, underscoring the promoters' confidence in the company's future prospects.

Management Commentary

Mr. Gaurav Sekhri, Chairman and Managing Director of Fratelli Vineyards Limited, commented on the development: "The promoters have reaffirmed their confidence in Fratelli's vision and growth strategy. This capital infusion reinforces the Company's financial strength and will be utilized to support its ongoing business operations, enhance operational efficiencies, and further consolidate its position in the market, while continuing to build on the Company's strong brand presence."

Company Overview

Fratelli Vineyards Limited, formerly known as Tinna Trade Limited, holds a significant position in the Indian wine market with nearly one-third market share. The company is renowned for its commitment to quality, innovation, and sustainable viticulture. Its flagship labels, Sette and J'NOON, have established Fratelli as a benchmark for premium Indian wines.

Additional Corporate Actions

In the same board meeting, Fratelli Vineyards also approved entering into a loan agreement with its wholly-owned subsidiary, Fratelli Wines Private Limited. The unsecured loan, not exceeding Rs 12 crore, will be used for general corporate purposes and business needs of the subsidiary.

This series of strategic moves highlights Fratelli Vineyards' focus on strengthening its market position and supporting its growth initiatives in the dynamic Indian wine industry.

1 Day	5 Days	1 Month	6 Months	1 Year	5 Years
+0.60%	+0.93%	+5.29%	-27.53%	-61.33%	-64.60%

Fratelli Vineyards Limited, a prominent player in the Indian wine industry, has disclosed a significant inter-se transfer of equity shares among its promoter and promoter group. The transaction, structured as a gift, involves the transfer of up to 88,89,784 equity shares, representing 20.54% of the company's share capital.

Key Details of the Share Transfer

The off-market transaction, scheduled to be completed on or before September 30, 2025, will see Bhupinder Kumar Sekhri acquiring shares from four other promoters:

Transferor	Number of Shares	Percentage of Holding
Shobha Sekhri	27,13,269	6.27%
Gaurav Sekhri	7,22,891	1.67%
Aarti Sekhri	38,33,477	8.86%
Puja Sekhri	16,20,147	3.74%
Total	88,89,784	20.54%

Regulatory Compliance and Implications

The company has emphasized that this transfer falls under the exemption provided by SEBI SAST Regulations 10(1)(a)(i) and (ii), which means no open offer is required. Importantly, the aggregate promoter holding will remain unchanged after the transaction, maintaining the current ownership structure of Fratelli Vineyards Limited.

Market Context

The 60-day volume-weighted average market price of Fratelli Vineyards' shares was reported at Rs. 136.14, providing context to the current market valuation of the transferred shares.

Impact on Shareholding

Post-transaction, Bhupinder Kumar Sekhri's shareholding is expected to increase significantly:

Pre-transfer holding: 2,02,462 shares (0.47% of total share capital)
Post-transfer holding: 90,92,246 shares (21.01% of total share capital)

Conversely, the shareholding of the other promoters will decrease, with Shobha Sekhri, Gaurav Sekhri, and Aarti Sekhri each retaining 4,32,779 shares (1% each), while Puja Sekhri will hold 16,96,674 shares (3.92%).

Company Background

Fratelli Vineyards Limited, formerly known as Tinna Trade Limited, is listed on the BSE. The company, headquartered in New Delhi, is recognized for its contributions to the Indian wine industry.

This inter-se transfer among promoters represents a significant realignment of ownership within the promoter group of Fratelli Vineyards Limited, while maintaining the overall promoter stake in the company.