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Vintage Coffee has proposed a ₹68.88 Cr promoter-led warrant issue

The proposal involves:

• 42 lakh warrants at ₹164 each
• Conversion into equity within 18 months
• Promoter holding rising from 34.65% to 36.49%
• Warrant-only dilution of approximately 2.8%
• A separate ESOP pool of up to 30 lakh options

Why does the timing matter?

Vintage Coffee’s expanded 11,000 MTPA capacity is already operating at around 90–95% utilisation.

Management stated:
“We have received the volume commitments for the whole year, FY27.”

The operating numbers are also scaling:

• Q1 revenue: ₹161 Cr, up 58%
• EBITDA: ₹31.6 Cr, up 75%
• PAT: ₹20.8 Cr, up 46%
• FY27 revenue indication: ₹850–900 Cr

The next leg is the ₹550 Cr freeze-dried coffee plant, which will add 5,500 MTPA and take total capacity to 16,500 MTPA.

However, there is one question investors should ask.

In August, management said:

“As of now, as per the plan, it is not required.”
One month later, warrants and a separate ESOP pool have been proposed.

Promoter participation is reassuring and dilution is modest but clarity on the use of funds and the changed capital plan will be important.
PB FINTECH:

CO SAID TO ENTER IN PAYMENT AGGREGATOR BUSINESS AFTER RBI APPROVAL: TV
JYOTI GLOBAL PLAST:

CO SECURES ₹8.63CR PURCHASE ORDERS FROM PARAS DEFENCE FOR PRECISION COMPONENTS USED IN DEFENCE & AEROSPACE IMAGING/SENSOR SYSTEMS.

MCAP OF RS 81 CR - SME
Vintage Coffee has proposed a ₹68.88 Cr promoter-led warrant issue

The proposal involves:

• 42 lakh warrants at ₹164 each
• Conversion into equity within 18 months
• Promoter holding rising from 34.65% to 36.49%
• Warrant-only dilution of approximately 2.8%
• A separate ESOP pool of up to 30 lakh options

Why does the timing matter?

Vintage Coffee’s expanded 11,000 MTPA capacity is already operating at around 90–95% utilisation.

Management stated:
“We have received the volume commitments for the whole year, FY27.”

The operating numbers are also scaling:

• Q1 revenue: ₹161 Cr, up 58%
• EBITDA: ₹31.6 Cr, up 75%
• PAT: ₹20.8 Cr, up 46%
• FY27 revenue indication: ₹850–900 Cr

The next leg is the ₹550 Cr freeze-dried coffee plant, which will add 5,500 MTPA and take total capacity to 16,500 MTPA.

However, there is one question investors should ask.

In August, management said:

“As of now, as per the plan, it is not required.”
One month later, warrants and a separate ESOP pool have been proposed.

Promoter participation is reassuring and dilution is modest but clarity on the use of funds and the changed capital plan will be important.
Market at day's low, Nifty below 23,750 mark, NiftyIT top losing sectoral index, down nearly 3%.
Corporate Action Tracker

Drop a 👍 if you are holding any of these stocks!
👍3
EMPOWER INDIA : EXPANDS INTO DIGITAL INFRASTRUCTURE 🤖

• Company expanding into sustainable digital infrastructure solutions to tap India’s growing AI ecosystem

• IndiaAI Mission: ₹10,372 Cr government initiative driving AI infrastructure investments

• 38,000+ GPUs already onboarded, with plans to add another 20,000 GPUs

• India’s data-centre capacity projected to rise from ~1.6 GW in 2026 to ~6 GW by 2029

• Opportunity across data centres, power infrastructure, cooling & energy-efficient solutions

• Rising AI computing capacity expected to drive strong demand for supporting digital infrastructure 📈
IIFL FINANCE IN FOCUS

CNBC-TV18 EXCLUSIVE | SOURCES SAY

Blackstone Looks To Acquire Up To 20% Stake In IIFL Finance

Blackstone May Acquire Fairfax's Entire Stake In IIFL Finance

Fairfax Owns Around 13% Stake In IIFL Fin, 2% Was Picked Up By Global Fll In This Qtr

Blackstone May Acquire Additional 7-10% Stake In IIFL Finance Via Pref Issue

IIFL Finance & Fairfax May Also Be In Talks With Other PEs For Stake Sale
HINDUSTAN UNILEVER : BUY | TARGET ₹2,700 🟢

• Brokerage: ICICI Securities

• Rating: BUY | Target: ₹2,700

• Target implies ~37% potential upside

• HUL’s new WINI strategy focuses on volume-led growth

• Key focus areas: higher consumption, premiumisation & market development

• Strategy also targets new & emerging categories