Sula Vineyards Announces CFO Leadership Transition with Rinku More Appointment
Sula Vineyards Limited announced a change in its key management personnel, noting the resignation of its Chief Financial Officer and the subsequent appointment of a designatee for the role. The board approved the succession plan, detailing the operational transition for the company.Mr. Abhishek Kapoor resigned from the position of Chief Financial Officer and Key Managerial Personnel. His resignation, effective through the close of business hours on July 14, 2026, allows him to pursue professional opportunities outside the organization.
In line with the company's succession planning and to ensure continuity in leadership, the Board of Directors approved the appointment of Ms. Rinku More. She has been named the Chief Financial Officer Designate and Senior Management Personnel, effective from July 15, 2026. This appointment is pending formal approval at a duly convened Committee or Board Meeting, proposed to take place in the second quarter of FY 26-27.
Ms. More is identified as a seasoned finance professional who has been with Sula Vineyards Limited for eight years. She is a qualified Chartered Accountant and has handled diverse roles across finance functions. Throughout her tenure, she has played a crucial role in strengthening financial governance frameworks and operational efficiencies. Her experience includes managing statutory audits and IPO related finance processes, strengthening internal controls and risk management frameworks, and handling valuation, taxation, financial projections, and M&A accounting activities.
The transition plan and key details regarding the officers are summarized below:
| Role | Status | Effective Dates | Key Details |
|---|---|---|---|
| Mr. Abhishek Kapoor | Resignation (CFO/KMP) | Cessation: July 14, 2026 | Resigned to pursue career opportunities outside the organization. |
| Ms. Rinku More | CFO Designate / Senior Management Personnel | Appointment: July 15, 2026 | Full-time appointment, pending formal CFO status review in Q2 FY 26-27. |
The company previously operated as Sula Vineyards Private Limited.
SULA Stock Price Movement
Today, Sula Vineyards Limited shares edged higher, closing at ₹160.4 after gaining 2.53% in post-market trading. The stock traded on a volume of 242,145 shares, finishing near its intraday high of ₹163.69.Disclaimer: Due care and diligence have been taken in compiling and presenting news and market-related content. However, errors or omissions may arise despite such efforts.
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