BSEFratelli Vineyards LtdMediumNeutral
Announced Fri, 3 Apr · 17:11 IST

Re-Appointment of Mr. Gaurav Sekhri, as Managing Director of the Company

Promoter Family Board EntryManagement Changes View source PDF

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Price reaction · full curve 14 horizons · vs prior close
+8.9%1-day move
₹72.00
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AI summary

Fratelli Vineyards Ltd held a Board Meeting on April 3, 2026, where the Directors approved the re-appointment of Mr. Gaurav Sekhri as Managing Director for another 5-year term starting April 1, 2026, subject to shareholder approval via postal ballot. Mr. Gaurav Sekhri is a promoter of the company and father of Mr. Aditya Brij Sekhri, who is already a director on the board. The Board also approved appointing Mrs. Monika Gupta as Company Secretary and Compliance Officer, and proposed appointing Mr. Sanjay Kumar Jain as an Independent Director, both subject to shareholder approval through postal ballot.

Likely market impact

The re-appointment ensures continuity in leadership under the promoter family. Shareholders should note that this extends the Sekhri family's control over the company's management, with both father and son holding key board positions.