StockWatch
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Trading & Distributors
Regulatory19 Aug 2026, 12:29 pm

Vintage Coffee: Deviation in Preferential Issue Proceeds Utilization

AI Summary

Vintage Coffee And Beverages Ltd has submitted its Monitoring Agency Report for the quarter ended June 30, 2026. The report, issued by Infomerics Valuation and Rating Ltd, indicates a deviation in the utilization of funds from a preferential allotment totaling ₹201.56 crore. Specifically, ₹12.05 crore was utilized for land purchase, which deviates from the stated objects of the issue. The range of deviation is reported as up to 10%. The monitoring agency has declared that the report provides an objective view based on provided information, and they do not perform independent verification or audits.

Key Highlights

  • Monitoring Agency Report filed for Q2 2026.
  • ₹201.56 crore preferential issue funds utilized.
  • ₹12.05 crore used for land purchase, deviating from objects.
  • Deviation range reported as up to 10%.
  • Infomerics Valuation and Rating Ltd is the monitoring agency.