Vintage Coffee and Beverages Limited announced a private placement to issue 10,380,000 equity shares at a price of INR 46 per share for the gross proceeds of INR 477,480,000 and 1,250,000 fully convertible warrants at a price of INR 46 per warrant for the gross proceeds of INR 57,500,000 for the aggregate gross proceeds of INR 534,980,000 on April 16, 2024. The transaction will include participation from new investor, Triveni Trust for 700,000 shares for INR 32,200,000, returning investors such as Fierce Realty LLP for 100,000 shares for INR 4,600,000, JVS Holdings LLP for 175,000 shares for INR 8,050,000, Leading Leasing Finance And Investment Company Limited for 2,000,000 shares for INR 92,000,000, Pilot Consultants Private Ltd. for 150,000 shares for INR 6,900,000, Rathod Investments And Holdings Private Limited for 700,000 shares for INR 32,200,000 and individual investors. The transaction has been approved by the board of directors of the company.