Vintage Coffee And Beverages Limited has informed the Exchange about statement of deviation(s) or variation(s) under Reg. 32
VINCOFE · price
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Vintage Coffee and Beverages Limited has filed a compliance statement under SEBI Regulation 32 confirming no deviation or variation in the use of proceeds from a preferential issue raised on September 11, 2025. The company raised Rs 18,389.20 lakhs (approximately Rs 183.89 crore) through the preferential issue. Funds are being utilized as per the original objects: Rs 9,570 lakhs allocated for capital expenditure in WOS (Rs 8,365 lakhs utilized), Rs 3,172 lakhs for working capital (Rs 2,955 lakhs utilized), Rs 1,050 lakhs for issue expenses (Rs 1,049 lakhs utilized), and Rs 4,597.20 lakhs for general corporate purposes (Rs 4,431 lakhs utilized). The statement was reviewed by the Audit Committee on May 21, 2026, and monitoring is being done by Infomerics Valuation and Rating Limited.
The absence of any deviation confirms that the company is deploying funds as per the disclosed objects from its preferential issue. This is a positive compliance signal indicating proper fund utilization and adherence to shareholder-approved usage plans.