SULANSESula Vineyards Limited· BeveragesHighNegative
Announced Tue, 19 May, 2026 · 16:51 IST

Sula Vineyards Limited has informed the Exchange regarding Appointment of Ms Rinku More as Other of the company w.e.f. July 15, 2026.

Cfo ResignedKmp 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 announced the resignation of Mr. Abhishek Kapoor as Chief Financial Officer and Key Managerial Personnel, effective close of business on 14th July 2026. The company stated he is leaving to pursue career opportunities outside the organization. In a smooth succession, the Board has appointed Ms. Rinku More as CFO Designate and Senior Management Personnel effective 15th July 2026. Ms. More is an internal candidate who has been with Sula for 8 years, rising from roles in audit and assurance to handling complex finance functions including taxation, risk management, and IPO-related processes. The appointment follows proper succession planning and recommendation from the Nomination and Remuneration Committee.

Likely market impact

The resignation appears amicable and part of a planned transition, with continuity ensured through an internal successor. This reduces execution risk for shareholders compared to an unexpected departure.