Corporate Action11 Nov 2026, 04:50 pm
Vintage Coffee Allots 39 Lakh Warrants to Promoters at ₹164
AI Summary
Vintage Coffee And Beverages Ltd announced the allotment of 39,00,000 (Thirty-nine Lakhs) Fully Convertible Warrants to the Promoter category on a preferential basis. Each warrant, with a face value of Rs. 10/-, was issued at Rs. 164/-. These warrants are convertible into equity shares within 18 months. The total consideration received for the allotment is Rs. 15,99,00,000 (₹15.99 Crore), with 25% paid upfront. The allotment is in accordance with SEBI regulations.
Key Highlights
- 39,00,000 warrants allotted to promoters on preferential basis.
- Issue price fixed at ₹164 per warrant.
- Warrants convertible to equity shares within 18 months.
- Total consideration received is ₹15.99 Crore.
- Allotment complies with SEBI regulations.
Price Impact
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