Sula Vineyards Limited has informed the Exchange about Action(s) initiated or orders passed
SULA · price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
On the reaction day the stock moved 0.6 pts less than Nifty Microcap 250 and 1.2 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.
Minute windows have no benchmark: there is no intraday index history to compare against.
Sula Vineyards has received a tax assessment order from the Deputy Commissioner of State Tax, Nashik under the Central Sales Tax Act, 1956 for the financial year 2022-2023. The tax department has raised a total demand of approximately INR 6.45 crore, comprising INR 3.57 crore in tax and INR 2.88 crore in interest, due to non-availability of F-Forms and C-Forms. The order was received on 25th September 2025. The company has stated it does not expect any financial impact at this stage and intends to file a rectification or appeal against the order.
The company is contesting the demand and expects no immediate financial hit, but if the appeal fails, Sula could face a liability of around INR 6.45 crore. Investors should monitor the outcome of the appeal, though the amount is modest relative to the company's overall size.