StockWatch
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Trading & Distributors
Business Update4 Sept 2026, 03:30 pm

Vintage Coffee Changes Registered Office, Approves Auditor Appointment & Remuneration Hikes

AI Summary

Vintage Coffee And Beverages Ltd announced a change in its registered office effective September 4, 2026. The Board of Directors also approved the appointment of M/s. Sreedar Mohan & Associates as Statutory Auditors for two years, subject to shareholder approval. Significant remuneration increases for Chairman and Managing Director Mr. Balakrishna Tati and Whole-time Director Mr. Sai Teja Tati were also approved, along with the re-appointment of Mr. Balakrishna Tati. The company will also issue up to 30,00,000 stock options and up to 42,00,000 convertible warrants to promoters via preferential allotment. The 46th AGM is scheduled for September 30, 2026.

Key Highlights

  • Registered office changed effective September 4, 2026.
  • Statutory auditors appointed for a two-year term.
  • Remuneration hikes approved for CMD and Whole-time Director.
  • Stock options and convertible warrants to be issued.
  • 46th AGM scheduled for September 30, 2026.