Vintage Coffee And Beverages Limited has informed the Exchange that Board of Directors at its meeting held on May 07, 2025, recommended Final Dividend of .10 per equity share.
VINCOFE · price
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Vintage Coffee And Beverages Limited's Board, at its May 7, 2025 meeting, approved audited standalone and consolidated financial results for the quarter and year ended March 31, 2025, with the statutory auditors issuing an unmodified opinion. The Board has recommended a Final Dividend of Rs. 0.10 per equity share (face value Rs. 10) for FY 2024-25, subject to shareholder approval at the upcoming AGM. The company reported a standalone profit of Rs. 327.84 lakhs and a consolidated profit of Rs. 1,198.28 lakhs for FY25. Other approvals include the resignation of Independent Director Mr. Bala Vinod Sudam (effective March 7, 2025), the change in designation of Mr. Sai Teja Tati to Whole-time Director, appointment of internal and secretarial auditors, reconstitution of board committees, and a revised Scheme of Amalgamation with subsidiaries Vintage Coffee Private Limited and Delecto Foods Private Limited.
The Rs. 0.10 final dividend is a token payout and is unlikely to drive meaningful stock price action on its own. The revised amalgamation scheme, which consolidates two material subsidiaries into the listed entity, is the more significant corporate action and could reshape the group's structure and earnings going forward. Shareholders should watch the AGM outcome and the final scheme terms.