Shareholding9 Oct 2026, 05:42 pm
Vintage Coffee: Promoters Release Equity Shares Worth ₹7.5 Cr
AI Summary
Vintage Coffee And Beverages Ltd announced the release of pledged equity shares by its promoters, including Vishal Jethalia, Balakrishna Tati, Mohit Rathi, and Chin Corp Holding PTE Limited. The total number of shares released is 49,10,548 by Balakrishna Tati, 11,80,067 by Vishal Jethalia, 28,22,564 by Mohit Rathi, and 41,85,205 by Chin Corp Holding PTE Limited. These releases, totaling 1,30,98,384 shares, were effective from October 6th and 8th, 2026, and were primarily for working capital purposes, with Punjab National Bank as the beneficiary. This action signifies a reduction in the encumbrance on promoter holdings.
Key Highlights
- Promoters released a significant portion of their pledged equity shares.
- The release pertains to shares held by Vishal Jethalia, Balakrishna Tati, Mohit Rathi, and Chin Corp Holding PTE Limited.
- The unpledging was done for working capital purposes.
- The releases occurred between October 6th and October 8th, 2026.
- Punjab National Bank was the beneficiary of the original pledge.
Price Impact
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