Sula Vineyards has completed acquisition of N D Wines. The Share Purchase Agreement with the shareholders of N D Wines was executed on April 12, 2024. The company now holds 100% of the equity share capital of N D Wines, thereby making it a wholly owned subsidiary.
Sula Vineyards is India’s largest wine producer and seller. The company is the market leader across all four price segments, being ‘Elite’, ‘Premium’, ‘Economy’ and ‘Popular’. Furthermore, the company is also recognized as the market leader across wine variants, including red, white and sparkling wines.
