The Exchange has received the disclosure under Regulation 29(1) of SEBI (Substantial Acquisition of Shares & Takeovers) Regulations, 2011 for Alessio Secci
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Mr. Alessio Secci, a non-promoter shareholder of Fratelli Vineyards Ltd (formerly Tinna Trade Limited), sold 12,86,247 equity shares (face value INR 10 each) representing 2.97% of the company's paid-up equity capital. The shares were sold through the open market on September 4, 2025. As a result, his holding has reduced from 35,96,247 shares (8.30%) to 23,10,000 shares (5.33%). The total paid-up equity capital of the company stands at INR 43.28 crore consisting of 4,32,77,894 shares. The disclosure was filed with BSE on September 8, 2025.
A non-promoter reducing their stake by nearly 3% through open market sale may create mild short-term supply pressure on the stock. However, since the seller is not part of the promoter group, it does not signal any change in management's confidence or control of the company.