Vintage Coffee And Beverages Limited has informed the Exchange regarding Board meeting held on November 04, 2025.Allotment of Equity Shares of the Company pursuant to Exercise of Share Warrants
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Vintage Coffee And Beverages Limited has allotted 12,50,000 equity shares of face value Rs. 10 each to promoter Tati Sai Teja upon conversion of 12,50,000 convertible warrants. These warrants were originally issued on April 16, 2024, on a preferential basis at Rs. 46 per warrant (Rs. 10 face value + Rs. 36 premium), aggregating to Rs. 5,75,00,000. Initially, only 25% of the consideration (Rs. 1,43,75,000) had been paid; the promoter has now paid the remaining 75% (Rs. 4,31,25,000) to exercise the warrants. The board approved this allotment at its meeting on November 4, 2025.
This is a routine warrant-to-equity conversion by the promoter, signaling continued promoter confidence and commitment to the company. There is no fresh capital raising or dilution for existing shareholders beyond what was already committed in April 2024.