Sula Vineyards Limited has closed its trading window for dealing in securities from October 1, 2026. The closure remains in effect until 48 hours after the declaration of unaudited financial results for the quarter ending September 30, 2026.

This action is taken in compliance with the Securities and Exchange Board of India (Prohibition of Insider Trading) Regulations, 2015. It also adheres to the company’s internal code on prohibition of insider trading.

Scope of Trading Restriction

The restriction applies to all Directors, Designated Persons, and Connected Persons as defined under the company’s code. These individuals have been advised not to trade in the securities of the company during the specified period.

The trading window will reopen only after the mandatory 48-hour cooling period following the announcement of the Q2FY27 results. This ensures that no insider information is utilized for trading purposes during the sensitive pre-announcement phase.

The notice was issued by Gayathri Iyer, Company Secretary and Compliance Officer, on September 28, 2026. The filing was submitted to both the National Stock Exchange of India Limited and BSE Limited.

Sula Vineyards has dispatched a postal ballot notice seeking shareholder approval for the appointment of Mr. Chaitanya Rathi as a Non-Executive Non-Independent Director. The company is also seeking approval for the payment of commission to him.

The Board of Directors approved the Postal Ballot Notice at its meeting held on August 6, 2026, pursuant to Section 110 of the Companies Act, 2013 and Regulation 44 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. The notice was dispatched electronically on September 7, 2026.

Key Resolutions

Shareholders are being asked to vote on two specific resolutions via remote e-voting:

• Ordinary Resolution: Appointment of Mr. Chaitanya Rathi (DIN: 07705302) as a Non-Executive Non-Independent Director, liable to retire by rotation.
• Special Resolution: Payment of commission to Mr. Rathi in the capacity of a Non-Executive Non-Independent Director.

Remuneration Details

The proposed commission for Mr. Rathi is set at ₹4,00,000 per annum. This remuneration is approved for three financial years: FY26-27 (on a pro-rata basis), FY27-28, and FY28-29.

For FY26-27, the commission will be payable from August 6, 2026, which marks the effective date of his appointment as an Additional Director. This payment is in addition to sitting fees for attending Board or Committee meetings and reimbursement of expenses incurred for such participation.

In the event of no profits or inadequate profits during any of these financial years, the company may pay this commission as minimum remuneration, subject to statutory limits and shareholder approval under Section 197 read with Schedule V of the Companies Act, 2013. The company confirmed it has not defaulted on dues to lenders.

Voting Process

Remote e-voting through the National Securities Depository Limited (NSDL) platform will commence on September 8, 2026, at 9:00 am and conclude on October 7, 2026, at 5:00 pm. Only members whose names appear in the Register of Members or List of Beneficial Owners as on the cut-off date of September 4, 2026, are eligible to vote.

Mr. Martinho Ferrao, a Practicing Company Secretary, has been appointed as the Scrutinizer to conduct the postal ballot process fairly. The results will be declared within two working days of the conclusion of the voting period, i.e., on or before October 9, 2026.