Vintage Coffee and Beverages Limited has announced the successful conversion of 8,00,000 warrants into equity shares. This conversion, approved via a circular resolution by the Board of Directors on July 7, 2026, is a follow-up to the preferential allotment of 15,00,000 warrants at ₹124 each, which was initially communicated on September 11, 2025. Upon the exercise of conversion rights by Mr. Tati Sai Teja, belonging to the Promoter Category, 8,00,000 equity shares of face value ₹10 each have been allotted at an issue price of ₹124 per share. This includes a premium of ₹114 per share, aggregating to a total of ₹9,92,00,000 (Rupees Nine Crores Ninety-two Lakhs Only). The company had previously received 25% of the total consideration (₹31 per warrant) at the time of warrant allotment and has now received the remaining 75% (₹93 per warrant) for the converted warrants. The issuance is categorized as a Preferential Allotment and involves the conversion of convertible warrants into equity shares at a 1:1 ratio. The company has provided these details in compliance with Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.
