Vintage Coffee & Beverages Limited, a prominent player in the beverage industry, has undergone a significant change in its shareholding structure following a preferential allotment of shares. The company's promoter group, led by Vishal Jethalia, has seen their collective stake decrease from 37.84% to 34.08%.

Shareholding Changes

The preferential allotment resulted in an increase in the company's equity share capital from Rs. 130.08 crore to Rs. 144.44 crore. The total number of equity shares rose from 13,00,83,409 to 14,44,38,409, each with a face value of Rs. 10.

Promoter Group Details

The promoter group of Vintage Coffee & Beverages Limited consists of ten entities:

1. Tati Balakrishna
2. Vishal Jethalia
3. Mohit Rathi
4. Padma Tati
5. Tati Sruti
6. Tati Sai Teja
7. Venkateshwarlu Tati
8. Tati Thulasi Dalaxi
9. Valbe Foods (India) Limited
10. Chin Corp Holding PTE Limited

Key Shareholding Changes

Warrants Allotment

As part of the preferential allotment, Vishal Jethalia received 2,00,000 warrants/convertible securities. These warrants represent approximately 0.14% of the total diluted share capital of the company.

Regulatory Compliance

The company has duly filed the required disclosures under Regulation 29(2) of SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 2011. This filing was made to both the BSE Limited and the National Stock Exchange of India Limited, where the company's shares are listed.

Impact on Share Capital

Post-allotment, the total diluted share capital of Vintage Coffee & Beverages Limited stands at Rs. 147.59 crore, divided into 14,75,88,409 equity shares of Rs. 10 each.

This preferential allotment and the resulting change in promoter shareholding may have implications for the company's governance and future strategic decisions.

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.