Vintage Coffee Approves Re-appointment of Two Independent Directors
Vintage Coffee and Beverages Limited's board approved the re-appointment of two Independent Directors. Mr. Sanjiban Brata Roy's second term begins May 18, 2026, and Mr. Ajay Poonia's term begins July 12, 2026. Both re-appointments are for two-year periods and require shareholder approval.
The re-appointment of existing independent directors is a routine corporate governance event and is unlikely to have a significant immediate impact on the company's stock price or business operations.
The announcement pertains to routine re-appointments of directors, which are standard corporate governance procedures and do not inherently indicate a positive or negative shift in the company's performance or outlook.
Vintage Coffee and Beverages Limited announced the outcome of its Board Meeting held on May 16, 2026. The board approved the re-appointment of Mr. Sanjiban Brata Roy as an Independent Director for a second term of two years, effective May 18, 2026. He holds a Bachelor of Commerce degree and possesses over 34 years of experience in the finance and banking sector.
The board also approved the re-appointment of Mr. Ajay Poonia as an Independent Director for a second term of two years, effective July 12, 2026. Mr. Poonia is a graduate in Economics and the Director and CEO of Evolving Edutainment Pvt Ltd. Both re-appointments are subject to the approval of the company's shareholders. The meeting concluded at 1:10 p.m.
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Vintage Coffee And Beverages Limited filed this with the NSE as a statutory disclosure, categorised under board changes. It is a primary document, not a recommendation, and the desk marks it low impact, the band that almost never moves a portfolio on its own.
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