The Exchange has received the disclosure under Regulation 29(2) of SEBI (Substantial Acquisition of Shares & Takeovers) Regulations, 2011 for Mohit Rathi & PACs
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Mohit Rathi along with promoter group (Persons Acting in Concert) has filed a SEBI Takeover Code disclosure because the company's preferential allotment on 11 September 2025 changed the promoter group's effective shareholding. Before the allotment the promoter/PAC group held 37.84% of Vintage Coffee and Beverages; after the allotment it has come down to about 34.08%. As part of the same preferential issue, Mohit Rathi himself was allotted 1,00,000 equity shares (0.07% of expanded capital). The total equity share capital of the company rose from Rs.14.44 crore to Rs.14.76 crore (1.44 crore shares to 1.48 crore shares). This is a regulatory disclosure triggered by the change in shareholding percentage; it is not a market sale by promoters.
The reduction in promoter holding is purely due to dilution from the preferential issue and not because promoters sold any shares, so it should not be read as a negative signal. The company is expanding its capital base through a preferential allotment, which may bring in new investors or funds, but the promoter group has not increased or decreased its economic stake in any meaningful way.