BSEFratelli Vineyards LtdMediumNeutral
Announced Mon, 11 May · 18:46 IST

Pls find attached voting results of the postal ballot under regulation 44 of the SEBI (LODR) Regulations.

Management Changes View source PDF

Price

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▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.

Price reaction · full curve 14 horizons · vs prior close
-2.7%1-day move
₹82.25
prior close
base price
After-mkt
timing
5m10m15m30m1D2D3D4D5D7D15D1M2M3M
-2.7-5.8-8.8-14.1-9.9-10.0-1.5+20.6+22.2
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AI summary

Fratelli Vineyards Limited conducted a postal ballot for two special resolutions. First, shareholders approved the appointment of Mr. Sanjay Kumar Jain as an Independent Director with 99.999% votes in favor (28,669,746 votes out of 28,750,095 total). Second, shareholders approved the re-appointment of Mr. Gaurav Sekhri as Managing Director with 99.999% votes in favor (24,379,723 valid votes). The voting took place from April 10, 2026 to May 9, 2026, with 95 shareholders participating representing 28.75 million equity shares. Only 3 shareholders with 349 votes voted against both resolutions. The resolutions are deemed passed as of May 9, 2026.

Likely market impact

The appointments are positive for governance as a new independent director joins the board while the managing director continues, providing continuity in leadership. The near-unanimous approval indicates strong shareholder support.