Vintage Coffee board approves fund raising via share issues

** Vintage Coffee and Beverages Limited announced that its Board of Directors has approved a fund-raising initiative. The plan includes increasing the authorized share capital from INR 1,35,00,00,000 to INR 1,55,00,00,000. The company intends to raise funds by issuing 1,50,00,000 equity shares at a price of INR 124 each to non-promoter category investors via preferential allotment. Additionally, the board approved the issuance of 24,00,000 convertible warrants to promoter/promoter group and non-institutional investors, also at a price of INR 124 per warrant. These warrants, if converted, would result in additional equity shares. The board has scheduled an Extraordinary General Meeting (EOGM) on July 30, 2025, to seek shareholder approval for these proposals. The meeting will be held via video conferencing.