Vintage Coffee and Beverages Limited announced that it expects to receive INR 429 million in funding from Saint Capital Fund, Unayaan Trade And Commerce Private Limited, Dhanuka Private Limited

Vintage Coffee and Beverages Limited announced a private placement to issue 7,800,000 common shares at an issue price of INR 55 per share for the gross proceeds of INR 429,000,000 on April 27, 2024. The transaction will include participation from new and returning inveysores Saint Capital Fund 1,400,000 shares, Necta  Bloom  VCC  Necta  Bloom One 1,350,000 shares, Sachin Mohanlal Kakrecha 1,000,000 shares, Ramesh Roshan Borana 500,000 shares, Triveni Trust 325,000 shares, Ravi Bipinkumar Doshi 200,000 shares, Unayaan   Trade   And   Commerce Private Limited 200,000 shares, Jignya Suresh Dama 180,000 shares, Privanka Mukesh Saraswat 170.000 shares, Nivedita 125,000 shares, Dhanuka Private Limited 100,000 shares, Dhrumil Vipinchandra Patel 100,000 shares, Gourav B Jain 100,000 shares, Hastimal Sancheti 100,000 shares, Javprakash Gupta 100,000 shares, Kamleshbhai  Bhailalbhai Patel 100,000 shares, Krunal Rohitkumar Shah 100,000 shares, Nirmal Virendra Shah 100,000 shares, Rahul Hemchand Visaria Jitendri Hemchand Visaria 100,000 shares, Sunil Kumar Goenka HUF 100,000 shares, Vikas Jain Huf 100,000 shares, Vishal Goenka (Hull 100,000 shares, Jaisukhlal Parsottam Vaghani 92,000 shares, Paresh Dahvalal Meghani 54,000 shares, Paresh Dineshlal Shah 54,000 shares, Amrita Mrugesh Kothari 50,000 shares, Dipesh Bhanuprasad Chokshi 50,000 shares, Hitesh Harishbhai Agarwal 50,000 shares, Jvoti Agrawal 50,000 shares, Khushbu Akash Thakkar 50,000 shares, Krishna Namankumar Trapsia 50,000 shares, Krishna Yogesh Modi 50,000 shares, Maikash N Vasaya 50,000 shares, Manav Vijavkumar Kothari 50,000 shares, Mrugesh Deepakbhai Kothari 50,000 shares, Pawan Saraogi 50,000 shares, Rahul Balkrishna Bhokare 50,000 shares, Ram Patel (HUF) 50,000 shares, Shalini Manav Kothari 50,000 shares, Shrenik Suresh Shah 50,000 shares, Sokatali Badrudin Vasava 50,000 shares, Vallabhbhai 50,000 shares, Vinod Kumar Bansal 50,000 shares and Vinod Natubhai Patel 50,000 shares. The transaction has been approved by the shareholders and is subject to general shareholders to be held on May 22, 2024.