Sula Vineyards Clarifies Delay in Disclosure on Tax Appeal Order

Sula Vineyards Ltd has provided a clarification to BSE Limited regarding the delay in disclosing an Order-in-Appeal dated May 29, 2026. The company's appeal against an earlier order was rejected, and the original order was upheld. The detailed order was received on June 12, 2026, and by the registered office on June 15, 2026, due to a weekend. The delay in filing the disclosure on June 16, 2026, was attributed to the time needed to assess the implications and evaluate the appropriate course of action. The company asserts the delay was unintentional and aimed at ensuring accurate information dissemination.