SEBI Reg. Investment Advisor

Download App

MoneyWorks4Me

Sula Vineyards informs about outcome of board meeting

10 Jun 2026 Evaluate
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.  

Sula Vineyards Share Price

154.10 -0.85 (-0.55%)
10-Jun-2026 16:59 View Price Chart
Peers
Company Name CMP
United Spirits 1260.10
United Breweries 1327.50
Radico Khaitan 3477.10
India Glycols 960.50
Allied Blenders 570.70
View more..

About MoneyWorks4Me

MoneyWorks4Me is a SEBI-registered Investment Adviser (IA) dedicated to helping investors build long-term wealth through transparent, research-driven, conflict-free guidance. Founded in 2008, we started our journey as a Research Analyst (RA), providing deep fundamental analysis, intrinsic value insights, and long-term investing frameworks for Indian equities. In 2017, we transitioned to a full-fledged SEBI-registered Investment Adviser, strengthening our commitment to acting as a fiduciary—always putting the investor’s interest first.

Our Vision

To become India’s most trusted, research-powered fiduciary advisory platform—where every investor, regardless of experience, can make calm, confident, and well-reasoned investment decisions.

What Makes MoneyWorks4Me Different

Our Approach: Ensuring compounding work its magic on client portfolio.

MoneyWorks4Me ensures this through:

×