Vintage Coffee And Beverages Ltd

Vintage Coffee And Beverages Limited – Trading Window Closed from 01.10.2026 till 48 hours after the declaration of standalone and consolidated un-audited Financial Results for the quarter and half-year ended 30.09.2026

Meeting Details

• Date and time: 19.09.2026 at 11:00 a.m.
• Type and mode: Physical one-to-one investor meet at the registered office.
• Investor: Ashika AIF.
• Purpose: Explain industry outlook and Vintage Coffee's strategy and operations.
• Venue: Registered office.
• Key company participant: Chairman & Managing Director.

Meeting Details

• Date: 16.09.2026; time not disclosed.
• Meeting type and mode: physical plant visit.
• Organizer: Burman Capital Management Pvt Ltd (investor).
• Venue: Rachur Village, Veldanda Mandal, Nagrkurnool District, Telangana.

Participants

• Company host role: Chairman & Managing Director.

Purpose

• Purpose: provide investor overview of operations, facilities and activities.

Financial highlights

• Standalone revenue from operations: ₹31,658.84 Lakh (FY25-26).
• Consolidated revenue from operations: ₹55,304.53 Lakh (FY25-26).
• Standalone PAT: ₹1,375.48 Lakh; Consolidated PAT: ₹7,219.29 Lakh.
• 3-year revenue growth FY24-26: from ₹308.52 Cr to ₹553.05 Cr.
• Consolidated EBITDA: ₹10,743 Lakh; approx. margin around 19%.
• Standalone EBITDA: ₹2,351.27 Lakh; standalone margin noted in MD&A.
• Domestic revenue share stood at 88% (standalone) with exports ~12%.
• Capacity expansion completed: 4,500 MT; total spray-dried & agglomerated capacity 11,000 MT.
• Future freeze-dried capacity planned: 5,500 MT per annum in Telangana.
• Final dividend proposed: ₹0.15 per equity share; record date 23 Sep 2026.

Capacity and capex

• Plant 1: 11,000 MT spray-dried & agglomerated; 2,000 MT chicory.
• Plant 2: 5,000 MT packing capacity.
• Freeze-dried project: land secured; LOIs received for portion of capacity.
• Telangana freeze-dried facility proposed at 5,500 MT/year capacity.
• Expansion aimed at premium, value-added offerings and private-label capabilities.

Share capital and dividends

• Equity share capital increased to ₹14,568.84 Lakh; 14,56,88,409 shares issued.
• Post-issue diluted share capital estimated at 15,17,88,409 shares.
• Final dividend proposed: ₹0.15 per share; record date 23 Sep 2026.
• Dividend subject to AGM approvals; TDS as per I-T Act.

Capital structure and securities

• Proposed preferential issue: up to 42,00,000 convertible warrants at ₹164 each.
• Outstanding pre-issue convertible warrants: 11,00,000.
• Fully Convertible Warrants issued earlier: 19,00,000 in FY25; warrants outstanding.
• Total outstanding borrowings (consolidated): ₹6,410.52 Lakh; bank borrowings ₹6,731.94 Lakh (consolidated).
• Key bank facilities with Kotak, ICICI, HDFC; mortgage/pledge arrangements in place.

Subsidiaries and amalgamation

• Wholly owned subsidiaries: Vintage Coffee Private Limited and Delecto Foods Private Limited.
• Goodwill arising on amalgamation: ₹7,264.50 Lakh.
• NCLT sanction: Scheme of amalgamation dated 21 July 2026; effective 1 Oct 2025.
• Intercompany transactions disclosed; 100% ownership in both subsidiaries.

Governance and audits

• Auditors: M/s Sreedar Mohan & Associates appointed for 2026-28 term (Rs 8.0 Lakh/yr).
• Company Secretary Prachi Karwa appointed 03 Jan 2026.
• Independent Directors: Pushpa Joshi appointed 26 May 2025; Roy reappointed 18 May 2024.
• Board meetings: 9; Audit Committee: 5 meetings; NRC: 3 meetings; Stakeholders: 2 meetings.
• Secretarial audit by Vivek Surana; ICDR-related observations noted and addressed.

CSR and compliance

• CSR obligation for FY25-26: ₹9.26 Lakh; amount spent: ₹9.30 Lakh.
• CSR activities: education, healthcare, and local community development; policy available on website.
• Annual Secretarial Compliance Report filed; CSR policies accessible online.

Outlook and risks

• Opportunities: private-label growth, premiumisation, and expanded export footprint.
• Risks: volatility in green coffee prices, FX fluctuations, logistics, and regulatory changes.
• Strategy: further capacity expansion, product innovation, and deeper customer engagement.

AGM Details

• 46th AGM to be held on 30.09.2026 at 1:45 p.m. via VC/OAVM.
• Record date fixed at 23.09.2026.
• Register of Members closed 24.09.2026 to 30.09.2026.
• Notice issued on 07.09.2026; remote e-voting available 26-29 Sep 2026.
• Proxies not available for this VC/OAVM AGM.
• Attendance via VC/OAVM counts toward quorum.

Ordinary Business

• Adopt Audited standalone and consolidated financial statements for the year ended 31 March 2026.
• Declare final dividend of Rs 0.15 per share (1.5%).
• Re-appoint Vishal Jethalia as Non-Executive Director, liable to retire by rotation.
• Appoint M/s Sreedar Mohan & Associates as Statutory Auditors for two years at Rs 8,00,000.

Special Business

• Increase Balakrishna Tati's remuneration to Rs 30,00,000 per month plus 3.5% net profits from 01.10.2026.
• Re-appoint Balakrishna Tati as MD/Chairman for five years from 16.07.2027 at Rs 30,00,000/month plus 3.5%.
• Increase Sai Teja Tati's remuneration to Rs 10,00,000 per month plus 1% net profits from 01.10.2026.
• Approve ESOS-2026 granting up to 30,00,000 options to eligible employees.
• Modify preferential issue objects to allow land acquisition for a manufacturing unit.
• Authorize issue of up to 42,00,000 convertible warrants to promoters at Rs 164 each.

Meeting Details

• Date: 04 September 2026; time and venue not disclosed.

Key Agenda Items

• To consider fund-raising by issue of equity and/or other instruments in any permissible mode.

Other Notes

• Notice date: 31 August 2026.

New product segment

• Launch of Roasted & Ground Coffee segment targeting US and Europe.

Operations update

• Installed a modern roaster to support Roasted & Ground production.

Strategic rationale

• R&G aligns with premiumisation; market size USD 101.75bn in 2026; CAGR 5.12% to 2035.

Governance

• No governance changes disclosed in the release.

Issue Overview

• Type: preferential issue of equity shares and fully convertible warrants.
• Size and proceeds: partially subscribed; net proceeds revised downward.
• Main objectives: capex in WOS, working capital, issue-related expenses, and general corporate purposes.
• Deviation: portion used for land purchase, not aligned with stated objects.
• Deviation scope: range up to ten percent.
• Allocation revised proportionately due to partial subscription.

Utilisation of Proceeds

• Utilisation not as per disclosure; material deviation observed.
• Shareholder approval for deviation not obtained.
• Means of finance for disclosed objects unchanged.
• Object 1: completed; object 2: ongoing; object 3: completed; object 4: ongoing.
• Unutilised funds: none.
• GCP usage: allocated for roasted coffee beans.
• Progress: object 1 completed; object 2 ongoing; object 3 completed; object 4 ongoing.

Governance and Compliance

• Approvals: statutory approvals obtained.
• Material deviation from objects observed; shareholder approval not obtained.
• Regulatory approval obtained for amalgamation of subsidiaries; details not specified.
• No events reported that adversely affect viability.

General Corporate Purpose (GCP)

• GCP usage: allocated for roasted coffee beans.
• Board approval for GCP allocation not clearly stated.

EGM details

• 1st EGM for Vintage Coffee and Beverages Limited held on 14 August 2026 at 1:30 PM via VC/OAVM.
• Scrutinizer's Report for the EGM was enclosed; resolutions details not disclosed in this chunk.