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Independent DirectorChairperson1960-08-24falseActiveNA2021-12-152024-12-1554.161121MrRajeev Samant******00020675Executive DirectorNot ApplicableCEO-MD1967-01-21falseActiveNA2003-02-261000MrChetan Desai******03595319Non-Executive - Independent DirectorNot Applicable1951-01-14falseActiveYes2024-12-152021-12-152024-12-1554.164465MsSangeeta Tanwani******03321646Non-Executive - Independent DirectorNot Applicable1966-01-24falseActiveNA2021-12-152024-12-1554.163230MrAnant S Iyer******00610131Non-Executive - Independent DirectorNot Applicable1960-01-20falseActiveNA2024-11-122024-11-1219.191120MrNicholas Peter Y Cator******07068629Non-Executive - Non Independent DirectorNot Applicable1977-07-27falseActiveNA2023-11-092026-06-251010OthersMrDeepak Shahdadpuri******00444270Non-Executive - Non Independent DirectorNot Applicable1969-07-05falseActiveNA2024-04-041010truetruetruetruetrueAudit Committee03595319Chetan DesaiNon-Executive - Independent DirectorChairperson2022-02-23Audit Committee00019098Alok Sureshchandra VajpeyiNon-Executive - Independent DirectorMember2022-02-23Audit Committee03321646Sangeeta TanwaniNon-Executive - Independent DirectorMember2024-04-04Audit Committee00610131Anant S IyerNon-Executive - Independent DirectorMember2024-11-12Nomination and remuneration committee03595319Chetan DesaiNon-Executive - Independent DirectorChairperson2023-04-19Nomination and remuneration committee00019098Alok Sureshchandra VajpeyiNon-Executive - Independent DirectorMember2022-02-23Nomination and remuneration committee03321646Sangeeta TanwaniNon-Executive - Independent DirectorMember2022-02-23Nomination and remuneration committee00610131Anant S IyerNon-Executive - Independent DirectorMember2024-11-12Nomination and remuneration committee00444270Deepak ShahdadpuriNon-Executive - Non Independent DirectorMember2024-04-04Nomination and remuneration committee07068629Nicholas Peter Y CatorNon-Executive - Non Independent DirectorMember2024-11-122026-06-25Mr. Nicholas Cator ceased to be a Director of the Company following his retirement by rotation at the 26th Annual General Meeting, having not sought re-appointment upon the expiry of his term.Stakeholders Relationship Committee00019098Alok Sureshchandra VajpeyiNon-Executive - Independent DirectorChairperson2022-02-23Stakeholders Relationship Committee00610131Anant S IyerNon-Executive - Independent DirectorMember2024-11-12Stakeholders Relationship Committee00444270Deepak ShahdadpuriNon-Executive - Non Independent DirectorMember2024-04-04Stakeholders Relationship Committee07068629Nicholas Peter Y CatorNon-Executive - Non Independent DirectorMember2024-02-132026-06-25Mr. Nicholas Cator ceased to be a Non-Executive Director of the Company with effect from 25th June, 2026, upon retirement by rotation at the last 23rd Annual General Meeting of the Company held on the said date.He thereby ceased to be a member of the Stakeholders Relationship Committee effective 25th June, 2026.Risk Management Committee03321646Sangeeta TanwaniNon-Executive - Independent DirectorChairperson2022-02-23Risk Management Committee00019098Alok Sureshchandra VajpeyiNon-Executive - Independent DirectorMember2024-11-12Risk Management Committee03595319Chetan DesaiNon-Executive - Independent DirectorMember2024-11-12Risk Management Committee00610131Anant S IyerNon-Executive - Independent DirectorMember2024-11-12Risk Management Committee00444270Deepak ShahdadpuriNon-Executive - Non Independent DirectorMember2024-04-04Risk Management Committee07068629Nicholas Peter Y CatorNon-Executive - Non Independent DirectorMember2024-02-132026-06-25Mr. Nicholas Cator ceased to be a Non-Executive Director of the Company with effect from 25th June, 2026, upon retirement by rotation at the last 23rd Annual General Meeting of the Company held on the said date.He thereby ceased to be a member of the Risk Managemnet Committee effective 25th June, 2026.Risk Management Committee00000000Abhishek KapoorChief Financial OfficerMember2024-11-12Not Applicable as Mr. Abhishek Kapoor vide PAN number AIWPK7327E is the Chief Financial Officer and Member of the Risk Management Committee of the Company. Mr. Abhishek Kapoor resigned as Chief Financial Officer and KMP of the Company effective close of business hours of 14th July, 2026 and thereby ceased to be member of the Committee effective the said date.Corporate Social Responsibility Committee03595319Chetan DesaiNon-Executive - Independent DirectorChairperson2022-02-23Corporate Social Responsibility Committee00020675Rajeev SamantExecutive DirectorMember2022-02-23Corporate Social Responsibility Committee03321646Sangeeta TanwaniNon-Executive - Independent DirectorMember2024-11-12Corporate Social Responsibility Committee00444270Deepak ShahdadpuriNon-Executive - Non Independent DirectorMember2024-11-12Corporate Social Responsibility Committee07068629Nicholas Peter Y CatorNon-Executive - Non Independent DirectorMember2024-04-042026-06-25Mr. Nicholas Cator ceased to be a Non-Executive Director of the Company with effect from 25th June, 2026, upon retirement by rotation at the last 23rd Annual General Meeting of the Company held on the said date.He thereby ceased to be a member of the CSR Committee effective 25th June, 2026.2026-02-06true7742026-04-1466true7742026-05-0621true7742026-06-1034true774Audit Committee2026-02-06true4440Audit Committee2026-05-0688true4440Audit Committee2026-06-1034true4440Nomination and remuneration committee2026-02-06true6640Nomination and remuneration committee2026-04-1466true6640Corporate Social Responsibility Committee2026-05-0621true5520truetruetruetrueYestruetruetrueGayathri IyerCompany Secretary and Compliance OfficerfalseGayathri IyerCompany Secretary and Compliance OfficerMumbai2026-06-3000000BSE LimitedFine imposed for the alleged contravention of Regulation 29 of SEBI (LODR) Regulations.2026-06-15The Company received Notices from the stock exchanges imposing a fine for delay in furnishing prior intimation about the meeting of Board of Directors w.r.t. recommendation by the Board on declaration of Dividend as per the provisions of Regulation 29(2) and Regulation 29(3) of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 ("Listing Regulations"). In response to the said notice, the Company had submitted a detailed representation requesting reconsideration of the penalty imposed on the Company as at the time of issuance of the prior intimation dated 29th April, 2026 under Regulation 29 of the SEBI (LODR) Regulations, 2015, the agenda for the Board Meeting did not have proposal for declaration of Dividend and the Company had consciously not included the same in the prior intimation as such disclosure would not have accurately reflected the agenda proposed for the meeting and, in the Company's view, could have inadvertently created expectations amongst investors and other stakeholders regarding a possible dividend declaration. However, during the course of the Meeting, the dividend proposal was taken up under "Any other business" with the consent of the Chairman and all Directors present at the Meeting. Considering there was no communication received from the stock exchanges regarding the request for reconsideration, the Company, without prejudice to its rights and contentions, remitted the requisite penalty amount as specified in the notice. As directed by the stock exchanges, the matter will be placed before the Board at the upcoming Board meeting of the Company. Further, the Promoters have been informed of the identified non-compliance, and the requisite fine amount has been remitted within the prescribed timeline. The amount of penalty is Rs. 11,800. There is no impact on financial, operation or other activities of the listed entityNational Stock Exchange of India LimitedFine imposed for the alleged contravention of Regulation 29 of SEBI (LODR) Regulations.2026-06-15The Company received Notices from the stock exchanges imposing a fine for delay in furnishing prior intimation about the meeting of Board of Directors w.r.t. recommendation by the Board on declaration of Dividend as per the provisions of Regulation 29(2) and Regulation 29(3) of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 ("Listing Regulations"). In response to the said notice, the Company had submitted a detailed representation requesting reconsideration of the penalty imposed on the Company as at the time of issuance of the prior intimation dated 29th April, 2026 under Regulation 29 of the SEBI (LODR) Regulations, 2015, the agenda for the Board Meeting did not have proposal for declaration of Dividend and the Company had consciously not included the same in the prior intimation as such disclosure would not have accurately reflected the agenda proposed for the meeting and, in the Company's view, could have inadvertently created expectations amongst investors and other stakeholders regarding a possible dividend declaration. However, during the course of the Meeting, the dividend proposal was taken up under "Any other business" with the consent of the Chairman and all Directors present at the Meeting. Considering there was no communication received from the stock exchanges regarding the request for reconsideration, the Company, without prejudice to its rights and contentions, remitted the requisite penalty amount as specified in the notice. As directed by the stock exchanges, the matter will be placed before the Board at the upcoming Board meeting of the Company. Further, the Promoters have been informed of the identified non-compliance, and the requisite fine amount has been remitted within the prescribed timeline. The amount of penalty is Rs. 11,800. There is no impact on financial, operation or other activities of the listed entityMr. Subodh Singh Additional commissioner Office of the commissioner of CGST and Central Excise, Nashik2024-12-23Pursuant to proceedings initiated under Section 74 of the applicable statute, the Company received a show cause notice in Form DRC-01, subsequent to which an adjudication order was passed confirming the demand proposed therein. The matter pertains to multiple issues including taxability of corporate guarantees extended to group entities, classification and applicable rate of tax on certain restaurant services, and levy of penalty on additional income disclosed in income tax returns. The Company has filed an appeal before the jurisdictional appellate authority within the prescribed timelines and is contesting the matter on merits. The appeal is currently pending adjudication, and the Company is taking appropriate steps to pursue the matter.Pursuant to the Order-in-Original dated 23 December 2024 passed under Section 74 of the CGST Act, 2017, the Company had filed an appeal before the Commissioner (Appeals) against the demand relating primarily to (i) classification and applicable GST rate on certain restaurant services and (ii) GST liability on corporate guarantees extended to group entities. The Commissioner (Appeals), vide Order-in-Appeal dated 29 May 2026 (received on 12 June 2026), has upheld the Order-in-Original and confirmed the demand of Rs.4,01,79,882 (excluding applicable interest and penalty). The Company does not agree with the findings of the appellate authority and is in the process of filing a further appeal before the GST Appellate Tribunal. Based on legal advice, the Company expects a favourable outcome at the higher appellate forum.Assistant Commissioner of State Tax, Nashik2025-03-31Artisan Spirits Private Limited (a wholly owned subsidiary of Sula Vineyards Limited, "ASPL") had received a Tax Assessment Order from the Assistant Commissioner of State Tax, Nashik, on 4th April 2025 raising a total demand of INR 21,45,88,450/- comprising tax of INR 9,75,32,816/-, interest of INR 9,26,72,430/- and penalty of INR 2,43,83,204 /- under the Central Sales Tax Act, 1956. A rectification application was subsequently filed against the said order. Pursuant to this, a rectification order has been passed by the assessing authority, received by ASPL on 17th November 2025. As per the said order, the demand of INR 21,33,54,743/- pertaining to the H Form comprising of INR 9,69,71,770/- interest of INR 9,19,99,769/- and penalty of INR 2,43,83,204/- has been dropped. Pursuant to the aforesaid rectification order, the demand was reduced to Rs.12.33 Lakhs. Further, the differential tax amount of Rs.5,61,047/- was deposited on 15/01/2026, and the appeal was filed on 19/01/2026.The Company has deposited the differential tax amount under protest and has filed an appeal before the appropriate appellate authority within the prescribed timelines. The matter is currently pending for hearing and adjudication. The status of the case remains unchanged from the previous quarter.The Company has deposited the differential tax amount under protest and has filed an appeal before the appropriate appellate authority within the prescribed timelines. The matter is currently pending for hearing and adjudication. The status of the case remains unchanged from the previous quarter