The Exchange has received the disclosure under Regulation 29(2) of SEBI (Substantial Acquisition of Shares & Takeovers) Regulations, 2011 for Balakrishna Tati & PACs
VINCOFE · price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Awaiting price reaction for this filing.
Balakrishna Tati, promoter of Vintage Coffee and Beverages, has created a pledge on 50,00,000 equity shares (3.84% of share capital) in favour of M/s. Nuezen Finance Private Limited, with the pledge created on 9th July 2025. His personal shareholding stays at 1.97 crore shares (15.20%), while the letter notes his pledged stake has increased from 3.77% to 7.62% after this transaction. The overall promoter and promoter group holding remains unchanged at 38.81% (about 5.05 crore shares), as this is only an encumbrance and not a change in ownership. The filing is made under SEBI's Takeover Regulations (Regulation 29(2)) to disclose the encumbrance.
This is a pledge creation, not a buy or sell, so there is no immediate change in ownership or voting power. Shareholders should note the rising pledged exposure of the promoter, which could become a risk if the stock price falls sharply and the pledge is invoked.