Vintage Coffee And Beverages Limited — Board Meeting, 04-07-2025: Outcome of Board Meeting

Vintage Coffee and Beverages Limited has announced a board meeting on July 4, 2025, where key decisions were taken to boost capital. The Board approved increasing the authorized share capital from Rs. 135 Cr to Rs. 155 Cr, subject to shareholder approval. The company plans to raise Rs. 186 Cr via a preferential allotment of 1.5 crore equity shares to non-promoter investors at Rs. 124/share. Additionally, 24 lakh convertible warrants worth Rs. 29.76 Cr will be issued to promoters and non-institutional buyers. An Extraordinary General Meeting is scheduled for July 30, 2025, to seek shareholder consent for these moves. Key appointments include a new scrutiny agency and monitoring agency for the fundraise.