Statement of deviation for the quarter 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 Limited has filed a statement confirming there is no deviation or variation in the use of proceeds from a preferential issue raised on September 11, 2025. The company raised ₹18,389.20 lakhs through the preferential issue. The funds have been monitored by Infomerics Valuation and Rating Limited. Of the total raised, ₹8,365.00 lakhs has been deployed towards investments in the wholly-owned subsidiary for capital expenditure (plant and machinery upgrades), ₹2,955.00 lakhs for working capital requirements, ₹1,049.00 lakhs for issue-related expenses, and ₹4,431.00 lakhs for general corporate purposes. The Audit Committee reviewed and confirmed no deviations on May 21, 2026.
For shareholders, this is a positive confirmation that funds are being deployed as intended without deviation, aligning with the disclosed objects of the preferential issue.