Vintage Coffee & Beverages has announced plans to raise ₹216 crore through a preferential issue of equity shares and warrants, aimed at accelerating its production expansion and attracting marquee institutional investors.
The proposed capital infusion will fund the establishment of a 5,000 TPA freeze-dried coffee plant, expected to be operational by FY27. This facility will complement the company’s ongoing 4,500 TPA spray-dried and agglomerated coffee capacity expansion, scheduled for completion by March 2026. Once both projects are completed, the company’s total installed capacity will reach 11,000 TPA.
Chairman and Managing Director Balakrishna Tati stated that the preferential issue signals strong investor confidence in the company’s product offerings and long-term growth roadmap. He also affirmed that necessary groundwork has been laid to ensure timely execution of the ongoing expansion initiatives.
The move positions Vintage Coffee to meet growing global demand for high-quality instant coffee and strengthens its foothold in both domestic and export markets.
News by Rahul Yelligetti.