ALPHA TRIBE

Vintage Coffee And Beverages LimitedBoard Meeting, 04-03-2025: Outcome of Board Meeting

04-03-2025 | 05:13 pm

The board has approved the allotment of 28,00,000 equity shares at an issue price of ₹25 each, including a premium of ₹15 per share, following the conversion of warrants by a non-promoter investor. This conversion has resulted in a receipt of ₹5.25 crore from the exercise of the warrants. Consequently, the total capital raised through this transaction amounts to ₹7 crore. This strategic move is expected to enhance the company's equity base, potentially supporting future growth initiatives.

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