SBI Funds Management bought 16,81,743 shares of Vintage Coffee And Beverages for ₹26.57 Cr at ₹158.00 apiece in a bulk deal. This was part of a larger acquisition by SBI Funds Management, totaling 55.33 lakh shares or 3.79% equity, across two transactions.
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.
AMC behind SBI Mutual Fund, India's largest fund house by AUM and a JV between State Bank of India and Amundi. The PMS and AIF arm manages around Rs 12,000 cr for HNI and institutional mandates across discretionary and non-discretionary equity strategies, led by Gaurav Mehta as CIO Alternatives.
