Vintage Coffee And Beverages Limited — Board Meeting, 07-05-2025: Outcome of Board Meeting
07-05-2025 | 03:21 pm
07-05-2025 | 03:21 pm
Vintage Coffee and Beverages Limited has announced a board meeting outcome approving the audited consolidated financial results for the quarter and year ended March 31, 2025, with an unmodified auditor opinion. The company posted a consolidated net profit of Rs. 13.19 Cr for the year. A dividend of Rs. 0.10 per share is proposed, pending shareholder approval. Management changes include the resignation of Non-Executive Independent Director Mr. Bala Vinod Sudam and appointment of Mr. Sai Teja Tati as Whole-time Director. The board also approved a revised merger plan to combine its wholly owned subsidiaries Vintage Coffee Private Limited and Delecto Foods Private Limited, aiming to streamline operations and boost financial strength.
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