SULANSESula Vineyards LimitedHighNegative
Announced Tue, 19 May · 16:44 IST

Sula Vineyards Limited has informed the Exchange about change in Management

Cfo ResignedManagement Changes View source PDF

SULA · price

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▲ 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
-0.5%1-day move
₹161.00
prior close
₹160.40
base price
After-mkt
timing
5m10m15m30m1D2D3D4D5D7D15D1M2M3M
-1.1-0.6-0.4-0.6-0.5-0.8-0.6-0.6-0.6-3.2-6.0-1.6-6.8
Up moveDown movePending
AI summary

Sula Vineyards' Chief Financial Officer, Mr. Abhishek Kapoor, has tendered his resignation effective 14th July 2026 to pursue new career opportunities outside the organisation. The Board noted and accepted his resignation on 19th May 2026 via circular resolution. In succession planning, Ms. Rinku More, currently serving as CFO Designate, will take over from 15th July 2026. Ms. More is a Chartered Accountant with over 11 years of experience who has been internally groomed at Sula for 8 years, handling diverse finance roles including taxation, audit, risk management, and IPO-related finance processes.

Likely market impact

The smooth internal succession suggests continuity in financial leadership, with Ms. More's long tenure likely minimising disruption. However, investors should monitor the formal CFO appointment in Q2 FY26-27 for any governance concerns.