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Fratelli Vineyards Board Approves ₹30 Crore Rights Issue Amid CFO Change


1 October 2026
Fratelli Vineyards Ltd.

Board approved up to Rs30 Cr rights issue of partly-paid shares; price, ratio, record date left to committee. CFO Rajesh Garg resigned 30 Sep 2026; Hemant Arora appointed CFO 1 Oct 2026. Marks shift from promoter funding loop to external equity; first broad raise since wine pivot. Long-tenured internal successor as CFO limits disruption; use of proceeds not disclosed. Price, ratio, record date, timetable and use of proceeds undisclosed; dilution and debt relief hinge on terms. CFO handover immediate with no interim gap.


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