Announced Thu, 6 Aug · 19:56 IST
Board comments on fines paid to NSE and BSE for disclosure non-compliance
SULA · price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Price reaction · full curve 14 horizons · vs prior close
-7.8%1-day move
₹167.00
prior close
₹159.95
base price
After-mkt
timing
5m10m15m30m1D2D3D4D5D7D15D1M2M3M
+0.0-0.3+0.1+0.0-7.8-9.1-9.6-10.4-10.2-11.9————
Up moveDown movePending
AI summary
Sula Vineyards paid Rs 11,800 each to NSE and BSE as fines for non-compliance with SEBI Listing Regulations. The issue: the prior intimation for the May 6, 2026 board meeting did not list the dividend recommendation as an agenda item. The Board says the dividend proposal emerged during the meeting itself when non-executive directors suggested it, and the outcome was disclosed immediately. The Board pledged to include dividend as a standing agenda item in all future prior intimations.
Likely market impact
Minor procedural fine already paid; no material impact on operations or shareholders. Reflects commitment to governance.