Annual Secretarial Compliance Report for the FY ended 31.03.2026
VINCOFE · price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Vintage Coffee and Beverages Ltd has filed its Annual Secretarial Compliance Report for FY2026, revealing two non-compliance issues with SEBI regulations. First, the company delayed conversion of 12,50,000 convertible warrants by 20 days beyond the stipulated 18-month period (converted on 04.06.2025 instead of required date of 15.10.2025), attracting a fine of Rs. 4 lakh plus GST. Second, the company failed to maintain proper lock-in requirements for these shares from April 2024 to April 2025, receiving an advisory letter from the stock exchange. A previous year non-compliance regarding delayed filing of related party transactions on consolidated basis was also noted, with a Rs. 5,000 fine paid in December 2024. All fines have been paid and management has committed to ensuring strict compliance going forward.
The company has paid all imposed fines totaling approximately Rs. 8 lakh (plus GST) for regulatory non-compliances related to warrant conversion timelines and lock-in provisions. While compliance is mostly satisfactory otherwise, these repeat regulatory violations could signal weak internal controls to investors and may attract closer scrutiny from exchanges.