Sula Vineyards Limited has informed the Exchange regarding Cessation of Mr Abhishek Kapoor as Chief Financial Officer of the company w.e.f. July 14, 2026.
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Sula Vineyards CFO Mr Abhishek Kapoor has tendered his resignation, effective close of business on 14th July 2026. The Board noted and accepted his resignation on 19th May 2026. Kapoor cited pursuing new professional opportunities outside the organisation as the reason. In a smooth succession move, the Board has appointed Ms. Rinku More as CFO Designate effective 15th July 2026. She is an internal hire with 8 years at Sula and has been groomed within the company, having handled diverse finance roles including financial reporting, taxation, risk assurance and IPO-related processes.
The CFO departure appears voluntary and amicable with a clear succession plan already in place, which should limit any negative market reaction. The internal promotion of a seasoned finance professional suggests continuity in financial leadership.