Vintage Coffee and Beverages Ltd to issue Equity Shares and warrants aggregating Rs 215.76 crs on a preferential basis

Vintage Coffee and Beverages Limited (VCBL) announced that its Board of Directors, in its meeting held on 4% July, 2025, approved the issuance of up to 1,50,00,000 equity shares and 24,00,000 convertible warrants on a preferential basis.

The Board of Directors, in accordance with rules and regulations of the Securities and Exchange Board of India (Issue of Capital and Disclosure Requirements) Regulations, 2018, as amended, and other applicable laws, have approved preferential issue of equity shares and warrants aggregating to Rs215.76crs. This preferential issue is subject to necessary approvals, including from the Company's shareholders.

The proposed issue will bring on board high quality and marquee shareholders of scale and repute. The funds from this issue, if approved, will help the company to set up 5000 MTPA green field plant of freeze dried coffee and capture volume share in the premium coffee segment.

Mr. Balakrishna Tati, Chairman and Managing Director of Vintage Coffee and Beverages Limited, says "VCBL remains at the forefront to capture the global coffee demand backed by quality, service and product innovation. The proposed preferential issue of shares will bring marquee institutional investors of repute demonstrating confidence in company's products and growth prospects. The proposed preferential issue will support VCBL's growth through FY26-FY28. I am thankful to all investors and stakeholders for supporting us in this journey ahead."

The company expects to increase spray dried and agglomerated coffee capacity up to 11,000 MTPA by 315t March, 2026 from current capacity of 6,500 MTPA. The freeze-dried coffee plant of approximately 5,000 MTPA would be additional to the 11,000 MTPA capacity for the spray dricd and agglomerated segment.

Furthermore, this will enable the company to expand new customers across geographies including South-East Asia, Latin America, Middle East, Europe and West Africa.

Shares of Spaceage Products Ltd was last trading in BSE at Rs. 141.80 as compared to the previous close of Rs. 139.90. The total number of shares traded during the day was 224018 in over 2300 trades.

The stock hit an intraday high of Rs. 142.30 and intraday low of 137.55. The net turnover during the day was Rs. 31442451.00.

Source : Equity Bulls

Keywords

VintageCoffeeandBeverages INE498Q01014 PreferentialIssue EquityShares ConvertibleWarrants