Pursuant to Regulation 30 read with Schedule III to the Securities and Exchange Board of India (Listing Obligation and Disclosure Requirements) Regulation, 2015 (‘Listing Regulations’), Sula Vineyards has informed that the Nomination and Remuneration Committee of the Board of Directors of the Company by way of circular resolution on Monday, 22nd January, 2024 has approved grant of 6,05,000 stock options under Sula Employee Stock Option Scheme 2023 (‘ESOS 2023’/ ‘Scheme’) The disclosure as required under Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 with respect to the ESOP 2015 is enclosed as Annexure-1.