SBI Mutual Fund entered Vintage Coffee And Beverages with 15 lakh shares, a 1.03% stake, worth ₹23.86 Cr at ₹159.05 apiece, in a new position that appears to be part of a rights issue.
A coffee and beverage manufacturer established in 1980, Vintage Coffee produces instant coffee and chicory for domestic and international markets. The company operates across the coffee trading and distribution sector, focusing on processed coffee products and value-added beverages. Its operations span manufacturing, quality control, and export logistics to serve retail chains, institutional buyers, and distributors across India and overseas markets.
India's largest AMC by total AUM, managing over Rs 11 lakh crore across equity, debt and hybrid schemes. Backed by State Bank of India, the country's largest bank, which gives it unmatched retail reach across every Indian state. With over 70 schemes and 50 million folios, SBI MF's positioning moves are tracked as a proxy for domestic institutional flows.
