Reported about 13 hours ago
Vintage Coffee and Beverages Limited in India plans to raise ₹2.15 billion (approximately $25.1 million) through equity shares and convertible warrants to fund the establishment of a new freeze-dried coffee plant. The company aims to boost its coffee production capacity from 6,500 tons to 11,000 tons annually by March 2026 and expand its market presence across South-East Asia, Latin America, Europe, and West Africa. This strategic investment is expected to attract reputable shareholders and support the company's growth through FY26-FY28.
Source: YAHOO