Coffee & beverage company plans capital increase, share issuance

Vintage Coffee and Beverages has announced plans to increase its authorized share capital from INR 1,350,000,000 to INR 1,550,000,000, subject to shareholder approval at an upcoming Extraordinary General Meeting (EOGM) on July 30, 2025. In addition to this increase, the company is proposing the issuance of up to 15,000,000 equity shares on a preferential basis to non-promoter, non-institutional investors and qualified institutional buyers (QIBs) at a price of INR 124 per share. The aggregate value of the preferential issue could reach up to INR 1,860,000,000.