Vintage Coffee and Beverages Ltd launches new product segment, Liquid Coffee

Vintage Coffee and Beverages Limited ("VCBL") is pleased to announce that it's subsidiary Vintage Coffee Private Limited(' VCPL'') has launched a new product segment, LIQUID COFFEE which augments it's existing product portfolio of Spray and Agglomerated Instant Coffee.

This new product segment will cater to the increasing demand for Liquid coffee across the world and especially in South East Asian markets. This product will further help the company to ramp up volumes from upcoming capacity expansion.

Commenting on this development, Mr. Balakrishna Tati, Chairman and Managing Director, Vintage Coffee and Beverages Limited said, "VCBL is continuously focused on feeling the pulse of the markets and developing new products which will add value to it's portfolio of products. This Natural Liquid Coffee is a versatile product which is a potent form of coffee and can be used to make different kinds of beverages. It can be cost effective and yet retaining the core value of coffee, being caffeine and favour.

He said that this product was developed to meet a big demand at coffee shops and restaurants to make a variety of hot and cold coffee beverages across South East Asian Markets.

Shares of Vintage Coffee and Beverages Limited was last trading in BSE at Rs. 117.92 as compared to the previous close of Rs. 115.75. The total number of shares traded during the day was 271322 in over 1921 trades.

The stock hit an intraday high of Rs. 119.74 and intraday low of 116.54. The net turnover during the day was Rs. 31906488.00.

Source : Equity Bulls

Keywords

VintageCoffeeandBeverages INE498Q01014 Subsidiary NewProduct LiquidCoffee