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Board proposed 42 lakh preferential warrants at ₹164 each, potentially raising ₹68.9 crore and lifting promoter ownership to 36.49%, subject to shareholder approval. It also proposed 30 lakh ESOPs, higher family-director remuneration, and amended preferential-issue objects. Context: this reverses the company’s stated no-further-equity funding plan.
Vintage Coffee Board Approves ₹68.88 Crore Promoter Warrant Issue
Vintage Coffee And Beverages Approves ₹68.88 Crore Promoter Warrant Issue
Vintage Coffee And Beverages Board To Consider Fund Raise On September 4