SULANSESula Vineyards LimitedMediumNeutral
Announced Fri, 1 Aug · 16:54 IST

Sula Vineyards Limited has informed the Exchange regarding Resignation of Mr Harish Acharekar as Associate Vice President Global Brand Ambassador & Head of Experiential Marketing of the company w.e.f. July 29, 2025.

Kmp ResignedManagement Changes View source PDF

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Price reaction · full curve

Awaiting price reaction for this filing.

AI summary

Sula Vineyards has informed the exchanges that Mr. Harish Acharekar, who held the role of Associate Vice President – Global Brand Ambassador & Head of Experiential Marketing, has resigned from the company effective close of business on 29th July 2025. The reason cited is personal, and the resignation was approved by founder and CEO Rajeev Samant on the same day. Mr. Acharekar served a 6-day notice period, and his last working date was 29th July 2025. The disclosure has been made under Regulation 30 of the SEBI Listing Regulations as a change in Senior Management Personnel.

Likely market impact

For a wine company where brand ambassadors play a direct role in tastings, hospitality events, and experiential marketing, this departure is notable but not board-level. Investors should watch for any successor announcement and whether marketing-led sales or event activations are disrupted in the upcoming quarters.