Announced Sat, 16 May · 13:36 IST

Vintage Coffee And Beverages Limited has informed the Exchange regarding Outcome of Board Meeting held on May 16, 2026.

Management Changes View source PDF

VINCOFE · price

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Price reaction · full curve 14 horizons · vs prior close
+2.7%1-day move
₹127.50
prior close
₹127.12
base price
After-mkt
timing
5m10m15m30m1D2D3D4D5D7D15D1M2M3M
-0.1-0.2-1.0-1.3+2.7+4.4+3.5+1.6+9.6+20.8+20.4+18.7+24.7
Up moveDown movePending
AI summary

The Board of Directors of Vintage Coffee and Beverages Limited met on May 16, 2026, and approved the re-appointment of two Independent Directors for second terms of 2 years each. Mr. Sanjiban Brata Roy, who has over 34 years of experience in finance and banking (including roles at State Bank of India and Habib Bank Limited), is being re-appointed effective May 18, 2026. Mr. Ajay Poonia, who is also the Director and CEO of Evolving Edutainment Pvt Ltd, is being re-appointed effective July 12, 2026. Both re-appointments are subject to shareholder approval at the upcoming general meeting.

Likely market impact

This is a routine governance matter. The re-appointment of experienced Independent Directors maintains board continuity and may be viewed positively by investors as it ensures continued oversight.