SULANSESula Vineyards Limited· BeveragesHighNegative
Announced Tue, 19 May, 2026 · 16:44 IST

Sula Vineyards Limited has informed the Exchange about change in Management

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' 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.