Sula Vineyards Limited has informed the Exchange about Resignation of Director/KMP/SMP
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Sula Vineyards announced that Mr. Abhishek Kapoor has resigned as Chief Financial Officer and Key Managerial Personnel, effective 14th July 2026. He cited pursuit of career opportunities outside the organization as the reason. The Board noted and accepted his resignation on 19th May 2026. In a smooth succession, Ms. Rinku More has been appointed as CFO Designate and Senior Management Personnel effective 15th July 2026. Ms. More is a qualified Chartered Accountant who has been with Sula for 8 years, having held progressive roles across financial reporting, taxation, risk assurance, and business partnering. Her formal appointment as CFO and KMP will be confirmed in a Board meeting planned for Q2 FY 26-27.
The resignation is well-planned with a 2-month transition period and internal succession, which should limit any disruption to financial operations. The appointment of an internal candidate who understands the business may be viewed positively by investors.