Sula Vineyards Limited — Capital/Financing Update 2024

Apr 15, 2024

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Date: 15[th] April 2024

To,

National Stock Exchange of India Limited (“NSE”) , The Listing Department “Exchange Plaza”, 5[th] Floor, Plot No. C/1, G Block, Bandra-Kurla Complex Bandra (East), Mumbai – 400 051. NSE Symbol: SULA ISIN: INE142Q01026

To,

BSE Limited (“BSE”) , Corporate Relationship Department, 2[nd] Floor, New Trading Ring, P.J. Towers, Dalal Street, Mumbai – 400 001. BSE Scrip Code: 543711 ISIN: INE142Q01026

Sub: Disclosure under Regulation 30 of SEBI (Listing Obligations and Disclosure – Requirements) Regulations, 2015 Completion of acquisition of N D Wines Private Limited

Dear Sir/Madam,

Further to our intimation dated 04[th] April 2024 and pursuant to Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, we hereby inform you that Share Purchase Agreement with the shareholders of N D Wines Private Limited was executed on 12[th] April 2024. The Company now holds 100% of the equity share capital of N D Wines Private Limited, thereby making it our wholly owned subsidiary.

This above information will also be made available on the website of the Company at - https://sulavineyards.com/investor relations.php

This is for your information and records.

Thanking you,

For Sula Vineyards Limited

RUCHI Digitally signed by RUCHI PRAMOD PRAMOD SATHE Date: 2024.04.15 SATHE 16:38:49 +05'30'

Ruchi Sathe Company Secretary and Compliance Officer Membership No: A33566

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