Sula Vineyards Shareholders Approve Director Appointment and Commission

Voting Process Details

The remote e-voting period commenced on Tuesday, 8th September, 2026 at 9:00 A.M. (IST) and concluded on Wednesday, 7th October, 2026 at 5:00 P.M. (IST). Martinho Ferrao of M/s. Martinho Ferrao & Associates, Practicing Company Secretaries, was appointed as Scrutinizer by the Board of Directors vide resolution dated 6th August, 2026.

Resolutions Considered

1. Ordinary Resolution: Appointment of Mr. Chaitanya Rathi (DIN: 07705302) as Non-Executive Non-Independent Director of the Company, liable to retire by rotation

2. Special Resolution: Payment of commission to Mr. Chaitanya Rathi (DIN: 07705302) as Non-Executive Non-Independent Director of the Company

Voting Results - Resolution 1 (Appointment of Director)

• Total votes polled: 37,570,031 shares (44.4894% of outstanding shares)
• Votes in favor: 37,463,016 shares (99.7152% of votes polled)
• Votes against: 107,015 shares (0.2848% of votes polled)
• Promoter voting: 20,791,544 shares voted 100% in favor
• Public Institutions: 12,806,771 shares voted 100% in favor (93.6367% of their holding)
• Public Non-Institutions: 3,971,716 shares voted with 97.3056% in favor and 2.6944% against
• Result: PASSED

Voting Results - Resolution 2 (Payment of Commission)

• Total votes polled: 37,570,031 shares (44.4894% of outstanding shares)
• Votes in favor: 37,463,016 shares (99.7152% of votes polled)
• Votes against: 107,015 shares (0.2848% of votes polled)
• Result: PASSED

Shareholder Participation

• Total shareholders on record date: 267,197
• Number of shareholders who voted: 1,005 (873 for resolution 1, 837 for resolution 2)
• No invalid votes were recorded across any shareholder category
• No shareholders attended through video conferencing or other audio-visual means

Scrutinizer Report Details

• Scrutinizer: Martinho Ferrao (Membership No. 6221, COP No. 5676)
• Firm: Martinho Ferrao & Associates, Practicing Company Secretaries
• Date of report issuance: 8th October, 2026
• The e-voting was unblocked on 7th October, 2026 at 5:30 P.M. in the presence of two witnesses

Public Disclosure

The voting results and Scrutinizer's Report are available on the company's website at https://sulavineyards.com/investor-relations.php and on NSDL's website at https://www.evoting.nsdl.com/.