SULANSESula Vineyards LimitedHighNegative
Announced Tue, 19 May · 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 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 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.