Vintage Coffee And Beverages Limited has informed the Exchange regarding a press release dated July 07, 2025, titled "Submission of Press Release".
VINCOFE · price
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Vintage Coffee and Beverages Limited (VCBL) has announced a preferential issue of up to 1,50,00,000 equity shares and 24,00,000 convertible warrants, raising a total of Rs 215.76 crores. The funds will be used to set up a new 5,000 MTPA greenfield freeze-dried coffee plant and expand its existing spray-dried and agglomerated coffee capacity to 11,000 MTPA by 31st March 2026 (up from the current 6,500 MTPA). The issue is subject to shareholder and regulatory approvals and is expected to bring in marquee institutional investors alongside promoters. The company also plans to expand into new geographies including South-East Asia, Latin America, Middle East, Europe, and West Africa, supporting its growth plans through FY26–FY28.
This is a significant capital raise that strengthens VCBL's balance sheet and funds capacity expansion in the premium freeze-dried coffee segment, which could support future revenue growth. However, the preferential issue will lead to dilution of existing shareholders, and the actual benefits depend on successful execution of the expansion plans and shareholder approval.