Sula Vineyards has informed that, the Board of Directors of the Company (Board) at its meeting held today i.e. Wednesday, 10th June, 2026, at the registered office of the Company, has approved the following: 1. Sale of the existing registered office premises of the Company situated at 901, Solaris One, Prof. N. S. Phadke Marg, Andheri East, Mumbai - 400069 (Office Premises) for an aggregate sale consideration of not less than Rs 27,00,00,000, on such terms and conditions as set out in the Sale Deed, to a third-party purchaser. The purchaser does not belong to the promoter / promoter group / group companies of the Company and is not a related party of the Company. The proposed sale is part of the Company's strategy to optimize its asset base and align its administrative infrastructure with its operational requirements, including its core business operations, being based out of Nashik. The aforementioned sale of office premises would not constitute as ‘undertaking’ of the Company as defined under Section 180(1)(a) of the Companies Act, 2013; 2. Consequent to the proposed sale of Registered office premises of the Company, the Board has approved shifting of registered office of the Company from 901, Solaris One, Prof. N. S. Phadke Marg, Andheri East, Mumbai - 400069 to 201, Solaris One, Prof. N. S. Phadke Marg, Andheri East, Mumbai - 400069 with effect from 1st July, 2026 and shall continue to remain under the jurisdiction of the existing Registrar of Companies i.e. ROC Mumbai I. The Board meeting commenced at 11:15 am and concluded at 11:27 am. This above information will also be made available on the website of the Company at https://sulavineyards.com/investor-relations.php
The above information is a part of company’s filings submitted to BSE.
