0Vintage Coffee And Beverages Limited has submitted the Exchange a Voting Results & Scrutinizer Report of 2nd Extra Ordinary General Meeting for the F.Y. 2025-26 of the Members of the Company held on July 30, 2025
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Vintage Coffee and Beverages held its 2nd Extra-Ordinary General Meeting (EOGM) for FY 2025-26 on July 30, 2025, via video conferencing, and all three resolutions were passed with overwhelming shareholder approval (over 99.99% in favour). The first resolution was an ordinary resolution to increase the company's authorised share capital. The second was a special resolution to issue equity shares on a preferential basis to non-institutional and qualified institutional buyers under the non-promoter category. The third was a special resolution to issue convertible warrants to the promoter/promoter group and non-institutional buyers under the non-promoter category. A total of 30,065 shareholders were on record, and the scrutinizer (M/s. Nuren Lodaya & Associates) confirmed the voting process as fair and transparent.
The approvals enable Vintage Coffee to raise fresh capital through a preferential equity issue to non-promoters and a convertible warrant issue (which involves the promoter group), potentially leading to share dilution for existing public shareholders. Investors should watch for the subsequent price, allotment, and pricing announcements to assess the impact on shareholding and stock price.