Vintage Coffee and Beverages Limited convened a Board of Directors meeting on Saturday, 16.05.2026, at its Registered Office in Secunderabad, Telangana. The board considered and approved the re-appointment of two Independent Directors for a second term of 2 years each, subject to the approval of the shareholders of the company. The disclosures were made in compliance with Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, read with Para-A of Schedule-III.

Re-appointment of Independent Directors

The board approved the re-appointment of Mr. Sanjiban Brata Roy and Mr. Ajay Poonia as Independent Directors. The key details of both appointments are summarised below:

Director Profiles

Mr. Sanjiban Brata Roy

Mr. Sanjiban Brata Roy holds a Bachelor of Commerce degree from the University of Calcutta. He is a Certified Associate of the Indian Institute of Bankers (CAIIB) from the Indian Institute of Banking & Finance. He is also a registered member of the ICSI Institute of Insolvency Professionals, registered with the Insolvency and Bankruptcy Board of India under the Insolvency and Bankruptcy Code, 2016. He brings more than 34 years of experience in the finance and banking sector, having served under the State Bank of India and Habib Bank Limited, where he held various positions of increasing responsibility in finance, audit & compliance, and operations.

Mr. Ajay Poonia

Mr. Ajay Poonia is the Director and CEO of Evolving Edutainment Pvt Ltd, an event and content marketing agency. His client base includes PSUs, government organizations, TV channels, and educational institutions. He holds a graduate degree in Economics from the University of Delhi and has also authored multiple books for children.

Regulatory Compliance

The appointments were disclosed in accordance with SEBI Master Circular No: HO/49/14/14(7)2025-CFD-POD2/1/3762/2026 dated January 30, 2026. Both re-appointments are subject to shareholder approval. The company has affirmed that neither director is debarred from holding the office of Director by virtue of any SEBI order or any other such authority. The board meeting concluded at 1:10 p.m. The disclosure was signed by Balakrishna Tati, Chairman & Managing Director (DIN: 02181095).

Vintage Coffee & Beverages has successfully commissioned its major capacity expansion project, marking a significant achievement in the company's growth strategy. The company announced the commencement of commercial production for its additional 4,500 MTPA soluble coffee capacity on March 23, 2026, ahead of the originally planned March 31, 2026 timeline.

Successful Commissioning of Expanded Capacity

The brownfield expansion project has been executed at the company's wholly owned subsidiary's instant coffee manufacturing facility, located near Rachur Village, Veldanda Mandal, Nagar Kurnool District, Telangana. With this commissioning, the company's total installed production capacity has increased from 6,500 metric tons to 11,000 metric tons per annum.

Enhanced Production Capabilities

Following the expansion, the company's annual production capabilities now comprise 6,000 metric tons of spray-dried coffee and 5,000 metric tons of agglomerated coffee. Chairman and Managing Director Mr. Balakrishna Tati confirmed that the new equipment is performing satisfactorily and is expected to enhance production by approximately 70% on a per annum basis.

Strategic Funding and Financial Discipline

The entire expansion has been funded through internal accruals, demonstrating the company's strong financial discipline, robust cash flows, and commitment to sustainable growth without reliance on external debt. This approach reflects the company's solid financial position and cash generation capabilities.

Future Growth Initiatives

In line with its strategic growth initiatives, Vintage Coffee & Beverages has commenced development of a greenfield project for an ultra-modern freeze-dried instant coffee plant near Hyderabad. The proposed facility will be equipped with advanced European technology and designed with an installed capacity of 5,500 metric tons per annum, expected to commence commercial production next year.

Market Outlook and Management Commentary

Addressing recent global developments, Mr. Balakrishna Tati noted that the coffee industry remains largely unaffected by recent Middle East crises since major coffee producing nations are not located in that region. Raw material availability remains robust, and the company is managing its supply chain to ensure timely delivery to customers. The management expects to ramp up production at the new 4,500 MTPA facility through Q1 FY27, with demand environment remaining strong and the company on track to achieve its FY27-FY28 plans.