Date: 11 November 2026
Board Meeting Outcomes
The Board of Directors of Vintage Coffee and Beverages Limited, through a Circular Resolution passed on 11th November 2026, approved the preferential allotment of fully convertible warrants to promoter category investors.
Fundraising / Financing Details
Instrument Details:
- Allotment of 39,00,000 (Thirty-nine Lakh) Fully Convertible Warrants
- Face value: ₹10 each
- Issue price: ₹164 per warrant
- Category: Promoter allotment on preferential basis
Conversion Terms:
- Warrants convertible into equal number of Equity Shares of face value ₹10 each
- Conversion price: ₹164 per equity share (including premium of ₹154 each)
- Conversion must be completed on or before 18 months from date of allotment
- Failure to convert will result in forfeiture of amount paid along with non-converted warrants
Regulatory Compliance:
- Transaction conducted in accordance with Chapter V of SEBI (Issue of Capital and Disclosure Requirements) Regulations, 2018
- Complies with provisions of Companies Act, 2013 and rules made thereunder
Allotment Details
Preferential Allotment to Promoters:
| Allottee Name | Category | Number of Warrants | Consideration Received (25% of total) |
| Tati Balakrishna | Promoter | 27,00,000 | ₹11,07,00,000 |
| Tati Sai Teja | Promoter | 4,00,000 | ₹1,64,00,000 |
| Padma Tati | Promoter | 3,00,000 | ₹1,23,00,000 |
| Tati Sruti | Promoter | 2,00,000 | ₹82,00,000 |
| Vishal Jethalia | Promoter | 2,00,000 | ₹82,00,000 |
| Mohit Rathi | Promoter | 1,00,000 | ₹41,00,000 |
| Total | | 39,00,000 | ₹15,99,00,000 |
Payment Terms:
- 25% of total consideration amount received upfront
- Total upfront consideration: ₹15,99,00,000
Not Specified Sections
No material disclosures under the following sections: Financial Results, Dividend Declaration, KMP/Board/Auditor Changes, Auditor's Report, Disinvestment/Strategic Actions, Media Release/Investor Communication, Other Operational/Legal/Strategic Disclosures.