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Vintage Coffee And Beverages LimitedImportant, 11-09-2025: Disclosure of material issue

11-09-2025 | 07:31 pm

Vintage Coffee and Beverages has successfully completed a significant capital raise through a preferential allotment.

**The Issue:** The company's Board approved the allotment of 1.43 crore new equity shares and 19 lakh fully convertible warrants.

**Possible Impact:**

* **Capital Infusion:** This move immediately brings in **₹183.89 Cr** into the company (₹178.00 Cr from equity shares and ₹5.89 Cr as 25% upfront for warrants).

* **Future Funding:** An additional **₹17.67 Cr** could be raised if all warrants are converted into equity shares within 18 months. This could bring the total capital raise to **₹201.56 Cr**.

* **Share Dilution:** The issuance of new equity shares and the potential conversion of warrants will lead to an increase in the total number of outstanding shares, resulting in dilution for existing shareholders.

* **Investor Base:** The equity shares were allotted to Non-Institutional Investors and Qualified Institutional Buyers, including prominent funds like Bandhan Small Cap Fund and Astorne Capital. Warrants were allotted to Promoter/Promoter Group and other Non-Institutional Buyers.

**Company's Response/Mitigation:** This capital raise strengthens the company's financial position, providing funds likely for future growth initiatives, expansion, or balance sheet improvement.

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