BSECompany Update6 Aug 2026 · 6 Aug 2026, 06:35 pm
as attached
Sula Vineyards Ltd · 543711
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Sula Vineyards Ltd has granted 42,000 stock options to eligible employees under the Sula Vineyards Employee Stock Option Scheme 2021, with an exercise price of Rs. 170 per option.
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Sula Vineyards Ltd - 543711 - Intimation Of Grant Of Stock Options Under Sula Vineyards Employees Stock Option Scheme 2021 ('ESOP 2021)
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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
Ref: Disclosure pursuant to Regulation 30 of the SEBI (Listing Obligations and Disclosure
Requirements) Regulations, 2015
Sub: Intimation of Grant of Stock options under Sula Vineyards Employees Stock Option Scheme
2021 (“ESOP 2021)
Pursuant to Regulation 30 read with Schedule III of the Securities and Exchange Board of India (Listing
Obligation and Disclosure Requirements) Regulation, 2015 (“Listing Regulations”), we hereby inform
you that the Nomination and Remuneration Committee of the Board of Directors of Sula Vineyards
Limited (“Company”) at its meeting held today i.e. Thursday, 6th August, 2026 has approved grant of
42,000 stock options to certain eligible employees under Sula Vineyards Employee Stock Option
Scheme 2021 (“ESOP 2021).
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 aforesaid information is also being made available on the website of the Company at
https://sulavineyards.com/investor-relations.php.
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
Sr No. Particulars Details
1. Brief details of the options granted The Nomination and Remuneration
Committee, as authorized under the ESOS
2021 Scheme approved grant of 42,000
Employee Stock Options to the eligible
employees of the Company.
2. Whether the scheme is in terms of SEBI Yes
(Share Based Employee Benefits and
Sweat Equity) Regulations, 2021
3. Total number of shares covered by 42,000 (Forty-two thousand) Equity shares of
these Options face value of Rs. 2/- each
4. Pricing formula/exercise price Exercise price is Rs.170/- per option
5. Options vesting period The options are granted equally across three
annual tranches. Each tranche shall vest after
completion of one year from the date of grant,
subject to the terms and conditions of ESOS
2021 and the respective Grant Letter.
6. Time within which option may be Option shall be exercised over a maximum
exercised period of 6 (six) months from the date of
Vesting
7. Options exercised Not Applicable
8. Money realized by exercise of options Not Applicable
9. The total number of shares arising as a 42,000 Equity Shares (each stock option is
result of exercise of option convertible into one equity share having face
value of Rs.2/- each)
10. Options lapsed Not Applicable
11. Variation of terms of options Not Applicable
12. Brief details of significant Terms Each stock option entitles the grantee to acquire
one equity share of the Company of face value
Rs. 2/- each upon payment of the exercise price
of Rs. 170/- per option.
The options shall vest after completion of one
year from the respective date of grant, subject
to the terms and conditions of ESOS 2021.
The vested options shall be exercisable within
six months from the respective vesting date, in
accordance with ESOS 2021.
13. Subsequent changes or cancellation or Not Applicable
exercise of such options
14. Diluted earnings per share pursuant to Not Applicable
issue of equity shares on exercise of
options