StockWatch
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Breweries & Distilleries
Management Change6 Aug 2026, 06:21 pm

Sula Vineyards Appoints New CFO and Additional Director

AI Summary

Sula Vineyards Ltd announced key management changes following a Board of Directors meeting held on August 6, 2026. Ms. Rinku More has been appointed as the Chief Financial Officer (CFO) and Key Managerial Personnel (KMP), effective from the same date. This appointment formalizes her earlier role as CFO Designate. Additionally, Mr. Chaitanya Rathi has been appointed as an Additional Non-Executive Non-Independent Director, effective August 6, 2026. His appointment is subject to shareholder approval via postal ballot within three months. The company also approved seeking shareholder approval for the payment of commission to Mr. Rathi in his directorial capacity.

Key Highlights

  • Ms. Rinku More appointed as CFO and KMP.
  • Mr. Chaitanya Rathi appointed as Additional Non-Executive Non-Independent Director.
  • Appointments are effective August 6, 2026.
  • Mr. Rathi's appointment requires shareholder approval via postal ballot.
  • Board also approved seeking commission payment for Mr. Rathi.