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Fratelli Vineyards Forfeits Rs 2.72 Crore as 3.63 Lakh Warrants Lapse After Non

Fratelli Vineyards Forfeits Rs 2.72 Crore as 3.63 Lakh Warrants Lapse After Non

Fratelli Vineyards Limited forfeited Rs 2,72,36,250 after 3,63,150 warrants lapsed on February 23, 2026, due to non-conversion by allottees. The company had allotted 5,57,650 warrants in August 2024 with an 18-month conversion period, but only 1,94,500 warrants were converted. The forfeited amount represents 25% upfront payment collected during warrant allotment, in compliance with SEBI regulations.

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