Based on the recommendation of the Nomination and Remuneration Committee and the Audit Committee, the Board of Directors of Sula Vineyards Limited, has considered and approved the appointment of Mr. Abhishek Kapoor as Chief Financial Officer of the Company, effective from August 28, 2023. Abhishek Kapoor is a seasoned finance leader with more than two decades of experience building and leading teams. He has rich experience working in FMCG, Media, and Auto space and has demonstrated his capabilities in diverse areas, including Profit and Loss (P&L), Mergers and Acquisitions (M&A), Financial Planning, Business and Financial Performance Monitoring, Financial Accounting, Controlling, Costing & Budgeting, Funds Management, Taxation, and Liasoning with Government Authorities and Banks etc. Abhishek's journey has taken him through esteemed organizations, including Godrej Consumer Products, Pepsi Co., JK Tyres, and HT Media, in multiple geographies.

Abhishek joins from Wagh Bakri Tea Group (Gujarat Tea Processors and Packers Limited), where he holds the esteemed position of Chief Financial Officer (CFO). Under his strategic financial guidance, the company has achieved notable milestones and solidified its position in the market.