Sula Vineyards re-appoints Rajeev Samant as MD & CEO for 3 years; appoints Head of Exports

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SULA · price

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Price reactionminutes from the announcement price · days from the prior close

-1.3%Reaction day

₹251.75

prior close

₹242.00

announcement price

After-mkt

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Nifty Microcap 250market · in no size index; the smallest one is used-0.3%-1.1% vs market

Breweries & Distilleries peers, median of 24sector+0.0%-1.3% vs sector

On the reaction day the stock moved 1.1 pts less than Nifty Microcap 250 and 1.3 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

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Reaction day

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Next day

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UpDownMarket · Nifty Microcap 250Sector · Breweries & Distilleries peers, median of 24Pending

Minute windows have no benchmark: there is no intraday index history to compare against.

AI summary

Sula Vineyards' Board has re-appointed founder Rajeev Samant as Managing Director and CEO for 3 years from 1 April 2026 to 31 March 2029, subject to shareholder approval via postal ballot. Separately, Sahil Misra has been appointed as Global Brand Ambassador and Head of Exports under Senior Management, effective 10 November 2025. Samant, a Stanford graduate and former Oracle employee, founded the company and built India's modern commercial wine industry.

Likely market impact

Continuity at the top with founder CEO staying on signals strategic stability. New export hire shows focus on international growth.