as attached
SULA · price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Sula Vineyards has announced the resignation of Mr. Abhishek Kapoor as Chief Financial Officer and Key Managerial Personnel, effective close of business on 14th July 2026. The Board noted and accepted his resignation on 19th May 2026. Mr. Kapoor cited pursuit of new professional opportunities as the reason. Simultaneously, the Board has appointed Ms. Rinku More as CFO Designate and Senior Management Personnel effective 15th July 2026, pending formal approval at a subsequent Committee/Board meeting. Ms. More is a Chartered Accountant with over 11 years of experience and has been groomed within Sula over 8 years, handling finance, audit, taxation, risk assurance, and M&A activities. The succession is presented as part of the company's planned leadership continuity.
The orderly internal succession from an experienced external CFO to a long-serving internal candidate suggests planned transition rather than distress, though the departure of a senior finance executive warrants monitoring for continuity through the July 2026 handover.