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Board proposed 42 lakh preferential warrants to the promoter group at ₹164 each, potentially raising ₹68.9 crore and taking promoters to 36.49% post-conversion, alongside a 30-lakh ESOP pool and revised issue objects, subject to shareholder approval. It also approved higher promoter-director remuneration. Context: reverses the previously stated no-further-equity-dilution plan.
Vintage Coffee And Beverages Schedules October 20 Board Meeting To Consider Raise
Vintage Coffee Releases 8.95% Promoter Pledge With Punjab National Bank
Vintage Coffee & Beverages Approves 42 Lakh Promoter Warrants At ₹164
Vintage Coffee And Beverages Approves ₹68.88 Crore Promoter Warrant Issue
Vintage Coffee And Beverages Board To Consider Fund Raise On September 4