Vintage Coffee & Beverages is set to expand its production capacity with a proposed Rs 216 crore preferential issue of equity shares and warrants.
If approved, the capital infusion will bring in marquee institutional investors and support the establishment of a new 5,000 TPA freeze-dried coffee plant by FY27. This addition will complement the ongoing 4,500 TPA spray-dried and agglomerated coffee capacity expansion, slated for completion by March 2026. Upon completion, the company’s total production capacity will rise to 11,000 TPA.
Chairman and Managing Director Balakrishna Tati highlighted that the preferential issue reflects strong investor confidence in Vintage Coffee’s product portfolio and growth strategy. He confirmed that the company has already taken steps to ensure timely execution of the ongoing capacity expansion project.