Vintage Coffee & Beverages Limited has successfully raised ₹178 crore through a preferential allotment of equity shares to various investors, including institutional buyers and high-net-worth individuals. The company's board approved the allotment on September 11, 2025, marking a significant capital infusion for the beverage firm.

Equity Share Allotment

The board approved the allotment of 1,43,55,000 equity shares at ₹124 per share, with a face value of ₹10 and a premium of ₹114 per share. The shares were issued to Non-Institutional Investors and Qualified Institutional Buyers under the Non-Promoter category.

Key allocations include:

Several other institutional and individual investors also participated in the allotment, demonstrating strong interest in Vintage Coffee & Beverages.

Warrant Issuance

In addition to the equity shares, the company allotted 19,00,000 Fully Convertible Warrants at ₹124 per warrant to both Promoter/Promoter Group and Non-Institutional Buyers. These warrants can be converted into an equal number of equity shares within 18 months from the allotment date.

Notable warrant allotments include:

• Tati Sai Teja (Promoter): 15,00,000 warrants
• Vishal Jethalia (Promoter): 2,00,000 warrants
• Mohit Rathi (Promoter): 1,00,000 warrants

Implications and Use of Funds

This substantial capital raise of ₹178 crore through equity shares, along with the potential additional funds from warrant conversion, positions Vintage Coffee & Beverages for potential expansion and growth initiatives. While the company has not explicitly stated the use of these funds, such significant capital infusions are often directed towards business expansion, debt reduction, or strengthening the overall financial position.

The participation of institutional investors like Bandhan Small Cap Fund and Astorne Capital VCC suggests confidence in the company's prospects and management.

Investors and market watchers will likely keep a close eye on how Vintage Coffee & Beverages utilizes this fresh capital to drive growth and enhance shareholder value in the coming months.

Vintage Coffee & Beverages Limited, a prominent player in the beverage industry, has recently made two significant announcements regarding its financial operations and shareholding structure.

Dividend Record Date

Vintage Coffee & Beverages Limited has set September 22, 2025 as the record date for determining shareholder eligibility for the final dividend for financial year 2024-25. The Board of Directors has recommended the final dividend, which requires shareholder approval at the Annual General Meeting scheduled for September 29, 2025. If approved, the dividend will be paid within the statutory time limit following shareholder approval.

Share Pledge Details

In a separate development, Balakrishna Tati, a key promoter of the company, has pledged a substantial portion of his shares, as disclosed in a recent filing. Tati pledged 50,00,000 equity shares, representing 3.84% of the total share capital of Vintage Coffee & Beverages Limited. The shares were pledged to Neuzen Finance Private Limited as part of a secured loan arrangement with Punjab National Bank. Notably, the borrowed amount is intended to benefit Vintage Coffee & Beverages Limited.

Impact on Promoter Shareholding

Prior to this transaction, Tati held a total of 1,97,69,586 shares, accounting for 15.20% of the company's total share capital. Following the recent pledge, his total encumbered shares have increased to 99,10,548 shares, which represents 7.62% of the total share capital. This move has significant implications:

1. The encumbered shares now represent 20% or more of the total share capital.
2. However, the pledged amount remains less than 50% of Tati's total promoter shareholding.

Regulatory Compliance

In adherence to regulatory requirements, Vintage Coffee & Beverages Limited made the necessary disclosures to both the Bombay Stock Exchange (BSE) and the National Stock Exchange (NSE), ensuring transparency in the promoter's shareholding changes.

Recent Company Developments

While not directly related to the share pledge or dividend announcement, it's worth noting that Vintage Coffee & Beverages Limited has been actively preparing for its upcoming annual general meeting. As per a recent board meeting outcome:

• The company's 45th Annual General Meeting is scheduled to be held via video conferencing.
• The board has approved the draft Directors' Report for the financial year.
• Book closure dates have been set for the purpose of the AGM.

These developments indicate that Vintage Coffee & Beverages Limited continues to maintain its corporate governance practices and engage with its shareholders, even as it navigates changes in promoter shareholding patterns and prepares for dividend distribution.

The share pledge by Balakrishna Tati, coupled with the loan's intended use for the company's benefit, may signal strategic moves aimed at leveraging promoter holdings for corporate growth. Meanwhile, the announcement of the dividend record date demonstrates the company's commitment to shareholder returns.