SULA NSE filing

Sula Vineyards: CFO Abhishek Kapoor Resigns, Rinku More Appointed CFO Designate

The RealCase readMedium impact Neutral

Sula Vineyards announced the resignation of CFO Abhishek Kapoor, effective July 14, 2026. Ms. Rinku More will be appointed CFO Designate from July 15, 2026. More has 8 years of experience within Sula Vineyards.

Why it matters

The resignation of a Chief Financial Officer (CFO) is a significant event for any company. While a successor has been named, the transition of such a critical role can have a medium-term impact on financial strategy and operations until the new CFO is fully integrated.

The market read

The announcement details a CFO resignation and the appointment of a successor. While a change in key personnel can be viewed with mixed emotions, the company has a succession plan in place, indicating a smooth transition. Therefore, the sentiment is neutral.

Sula Vineyards Limited has announced a change in its top finance leadership. Mr. Abhishek Kapoor has resigned from his position as Chief Financial Officer (CFO) and Key Managerial Personnel (KMP) of the company, with his cessation effective from the close of business hours on 14th July, 2026. Mr. Kapoor will continue in his role until this date.

In line with the company's succession planning and based on the recommendation of the Nomination and Remuneration Committee, the Board of Directors has approved the appointment of Ms. Rinku More as the Chief Financial Officer Designate (CFO Designate) and Senior Management Personnel. This appointment is effective from 15th July, 2026, pending formal approval at a future Committee/Board Meeting scheduled for Q2 of FY 26-27. Ms. More is a seasoned finance professional with over 11 years of experience, including 8 years within Sula Vineyards, where she has held various significant roles in finance, audit, taxation, and risk assurance. Her profile highlights her contributions to strengthening financial processes, governance frameworks, and operational efficiencies, including her role in automation of MIS, IPO-related finance processes, and internal controls.

Filing to action

What to do with a filing like this

Sula Vineyards Limited filed this with the NSE as a statutory disclosure, categorised under key management changes. It is a primary document, not a recommendation, and the desk marks it medium impact: worth reading, rarely worth acting on by itself.

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Primary source

A plain-language summary of a public exchange filing by Sula Vineyards Limited. Read the original for the full detail.

View original filing