as attached

6th August, 2026 National Stock Exchange of India Limited BSE Limited (“BSE”), (“NSE”), Corporate Relationship Department, The Listing Department 2nd Floor, New Trading Ring, “Exchange Plaza”, 5th Floor P.J. Towers, Dalal Street, Plot No. C/1, G Block, Bandra-Kurla Complex Mumbai – 400 001. Bandra (East), Mumbai – 400 051. NSE Symbol: SULA BSE Scrip Code: 543711 ISIN: INE142Q01026 ISIN: INE142Q01026 Dear Sir/Madam, Sub: Disclosure under Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 (“SEBI Listing Regulations”) – Change in management of the Company Dear Sir/Madam, Pursuant to Regulation 30 read with Schedule III, Part A, Para A (7) of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 and other applicable provisions and based on the recommendations of the Nomination and Remuneration Committee and Audit Committee, as applicable, we hereby inform you that the Board of Directors of the Company, at its meeting held today, i.e., Thursday, 6th August, 2026, has, inter alia, approved the following appointments: (i) Mr. Chaitanya Rathi (DIN: 07705302) as an Additional Non-Executive Non-Independent Director of the Company with effect from 6th August, 2026, liable to retire by rotation, which is subject to approval of the Members of the Company within a time period of three months from the date of appointment; (ii) Appointment of Ms. Rinku More as Chief Financial Officer (“CFO”) and Key Managerial Personnel (“KMP”) of the Company with effect from 6th August, 2026 Appointment of Mr. Chaitanya Rathi The Company confirms that Mr. Chaitanya Rathi is not debarred from holding the office of Director by virtue of any order passed by the Securities and Exchange Board of India or any other competent authority. The Board has also approved seeking the approval of the Members for regularisation of appointment of Mr. Chaitanya Rathi as a Non-Executive Non-Independent Director of the Company by way of a Postal Ballot, in accordance with the applicable provisions of the Companies Act, 2013 and Regulation 17(1C) of the SEBI Listing Regulations and other applicable provisions of the Companies Act, 2013 and the rules made thereunder. The Notice of Postal Ballot and other relevant information/ documents will be circulated to the Shareholders and submitted to the Stock Exchanges in due course. Approval of Postal Ballot Notice The Board, at its meeting held today, inter-alia, approved the Notice of Postal Ballot for seeking approval of the shareholders of the Company for the following matters: (i) Approval for Appointment of Mr. Chaitanya Rathi (DIN: 07705302) as Non-Executive Non-Independent Director of the Company, liable to retire by rotation (ii) Approval for Payment of commission to Mr. Chaitanya Rathi (DIN: 07705302) as Non- Executive Non-Independent Director of the Company The Notice of Postal Ballot and other relevant information/ documents will be circulated to the Shareholders and submitted to the Stock Exchanges in due course. Appointment of Ms. Rinku More In furtherance to intimation filed by the Company under Regulation 30 dated 19th May, 2026 w.r.t. appointment of Ms. Rinku More as the Chief Financial Officer Designate (“CFO Designate”) and Senior Management Personnel effective 15th July, 2026 which was pending formal approval of her appointment as CFO and KMP of the Company, the Board at its Meeting held today, i.e. 6th August, 2026, approved her appointment as CFO and KMP of the Company effective 6th August, 2026. The details as required pursuant to Regulation 30 of the SEBI Listing Regulations read with Part A of Schedule III thereto and SEBI Master Circular No. HO/CFD/PoD2/CIR/P/0155 dated 30th January, 2026 (as amended from time to time) are enclosed herewith as Annexure A. The meeting of the Board of Directors commenced at 2:48 p.m. and concluded at 3:44 p.m. The aforesaid information is also being made available on the website of the Company at https://sulavineyards.com/investor-relations.php. Kindly take the above information on record. You are requested to take the above information on your record. Thanking you, For Sula Vineyards Limited Gayathri Iyer Company Secretary and Compliance Officer Membership No: A38069 Annexure A Details of disclosure to Disclosure for Mr. Chaitanya Rathi as Additional Non- Disclosure for Ms. Rinku More as Chief Financial be provided executive Non-Independent Director Officer and Key Managerial Personnel Reason for change viz. appointment, Based on the recommendation of the Nomination and Appointment/Re-designation of Ms. Rinku More as the re-designation resignation, removal, Remuneration Committee, the Board at its Meeting held “Chief Financial Officer” and Key Management death or otherwise today, i.e. 6th August, 2026, inter-alia, considered and Personnel of the Company effective 6th August, 2026 approved the appointment of Mr. Chaitanya Rathi (DIN: 07705302) as an Additional Director (Non-Executive She was earlier appointed as Chief Financial Officer Non-Independent) effective 6th August, 2026 which is Designate and Senior Management Personnel effective subject to approval of the Members within a time period 15th July, 2026 upon resignation of Mr. Abhishek Kapoor of three months from the date of appointment, as a Non- as CFO and KMP of the Company w.e.f. close of executive Non Independent Director, liable to retire by business hours of 14th July, 2026 rotation Date of appointment/ re- 6th August, 2026 6th August, 2026 appointment/cessation (as applicable) & term of Terms of Appointment – He is appointed as an Additional Terms of appointment: Full-time employment appointment/re-appointment. Director of the Company, liable to retire by rotation. His appointment to be regularised as Non-Executive Non- Independent Director will be subject to approval of shareholders within a time period of three months from the date of his appointment. Brief profile (in case of appointment) Attached as Annexure 1 below Attached as Annexure 1 below Disclosure of relationships Mr. Chaitanya Rathi is not related to any Directors or Key Ms. Rinku More is not related inter-se to any other between Directors Managerial Personnel of the Company. Director of the Company as on the date of appointment Information as required under BSE Mr. Chaitanya Rathi is not debarred from holding the Not applicable circular Number office of Director by virtue of any order of the Securities LIST/COM/14/2018-19 and NSE and Exchange Board of India or any other such authority. circular no. NSE/CML/2018/24 dated June 20, 2018. Annexure 1 Brief Profile of Mr. Chaitanya Rathi Mr. Chaitanya Rathi is an operator, investor, entrepreneur, and board advisor with over 20 years of experience building, scaling, and investing in high growth businesses across Consumer, Alcobev, Fintech, Hospitality, and Private Equity and Venture Capital. He has a proven track record of scaling businesses from inception to over ₹500 crores in revenue while consistently driving growth, profitability, and long-term shareholder value. Mr. Rathi spent over a decade with Sula Vineyards across two leadership tenures. Most recently, as Chief Operating Officer from 2019 to 2023, he led the company through its successful Initial Public Offering (IPO), overseeing multiple business functions and leading a team of more than 400 members. During his earlier tenure between 2006 and 2013, he played a pivotal role in Sula's formative years, including establishing and scaling the company's hospitality business into one of the world’s leading wine tourism destinations. Beyond Sula, Mr. Rathi has held leadership roles across high growth businesses and the investment ecosystem. As Chief Operating Officer of Mswipe Technologies, he built and scaled the company's nationwide sales and service network. As Head of India Venture Capital at DSG Consumer Partners (Everstone Group), he led investments, portfolio management, and value creation initiatives ac [Showing first 8,000 characters — download PDF for full document]