SULABSESula Vineyards Ltd· BeveragesHighNegative
Announced Tue, 19 May, 2026 · 16:46 IST

as attached

Cfo ResignedManagement Changes View source PDFExplain this filing

SULA · price

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▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.

Price reactionminutes from the announcement price · days from the prior close
-0.6%Reaction day
₹161.00
prior close
₹160.40
announcement price
After-mkt
timing
Nifty Microcap 250market · in no size index; the smallest one is used+0.6%-1.2% vs market
Breweries & Distilleries peers, median of 25sector+0.1%-0.7% vs sector

On the reaction day the stock moved 1.2 pts less than Nifty Microcap 250 and 0.7 pts less than its Breweries & Distilleries peers, over the same two closes: a difference in percentage points, not a measure of what the filing did.

Minutes after the announcementfrom the announcement price · no benchmark
Stock
5m
-1.1
10m
-0.6
15m
-0.4
30m
-0.6
Sessions after the filingfrom the prior close
StockMarketvs marketSectorvs sector
Reaction day
-0.6+0.6-1.2+0.1-0.7
Next day
-0.5+1.7-2.2-0.1-0.4
2d
-0.8+1.8-2.6-1.1+0.3
3d
-0.6+3.4-4.0+0.8-1.4
4d
-0.6+4.1-4.8+1.5-2.1
5d
-0.6+4.1-4.7+0.8-1.4
1w
-3.2+2.3-5.5-3.1-0.1
15d
-6.0+1.8-7.7-2.8-3.2
1m
-1.6+10.8-12.4+0.1-1.8
2m
-6.8+10.3-17.1+0.5-7.3
3m
-10.0+14.9-25.0-1.0-9.0
UpDownMarket · Nifty Microcap 250Sector · Breweries & Distilleries peers, median of 25Pending

Minute windows have no benchmark: there is no intraday index history to compare against.

AI summary

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.

Likely market impact

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.