Sula Vineyards Limited has submitted a regulatory disclosure to the National Stock Exchange of India Limited (NSE) and BSE Limited regarding the retirement of a director from its board.
The company intimates under Regulation 30 read with Part A of Schedule III and other applicable provisions of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 that Mr. Nicholas Cator (DIN: 07068629), Non-Executive Non-Independent Director of the Company, has retired from the board.
Mr. Cator was liable to retire by rotation at the Annual General Meeting of the Company held on 25th June, 2026. He did not seek re-appointment upon retirement by rotation due to preoccupation. The company decided that the vacancy caused by his retirement would not be filled.
The cessation took effect on 25th June, 2026, at the conclusion of the AGM based on the voting results submitted via the Scrutiniser's report dated 25th June, 2026.
The disclosure includes Annexure A providing details as required under Regulation 30 read with Part A of Schedule III of SEBI Listing Regulations read with SEBI Master Circular No. HO/49/14/14(7)2025-CFD-POD2/I/3762/2026 dated 30th January, 2026.
Annexure A specifies:
- Reason for change: Retirement by rotation without seeking re-appointment due to pre-occupation
- Date of cessation: 25th June, 2026
- The cessation occurred on conclusion of the AGM held on 25th June, 2026 based on voting results
- Brief profile and disclosure of relationships between directors are marked as "Not Applicable"
The information has been signed by Gayathri Iyer, Company Secretary and Compliance Officer (Membership No: A38069), and will be made available on the company's website at https://sulavineyards.com/investor-relations.php.