Vintage Coffee and Beverages Limited announced a private placement to issue 72,00,000 Fully Convertible Warrants at an issue price of INR 25 per warrant including a premium of INR 15 per warrant with a right to the warrant holders to apply for and be allotted 1 fully paid-up equity share of face value of INR 10 each of the company within a period of 18 months from the date of allotment of the warrants for the aggregate gross proceeds of INR 18,00,00,000 on September 2, 2023. The transaction will include participation from individual investors such as Aadya Conjeevaram, Bhavani Rudra, Chandra Shekar Rao Munugala, Hari Prasad Bonthapally, Krunal Rohitkumar Shah, Rama Devi Munugala, Sneha Sadwani, Tati Bhaskar, Veeraiah Rachakonda, Venkata Ramana Duggirala and Vithoba Narayana Bonthapalli.