Sula Vineyards Limited — Important, 27-06-2025: General Updates

Sula Vineyards has invested Rs. 13 crore in its wholly owned subsidiary, Artisan Spirits Private Limited (ASPL), by subscribing to a rights issue. This capital infusion will strengthen ASPL’s net worth and support loan repayment to the parent company. ASPL, engaged in manufacturing alcoholic beverages, brand distribution, and hospitality, reported a turnover of Rs. 84.92 crore in FY25, up from Rs. 66.86 crore the previous year. The investment maintains ASPL as a wholly owned subsidiary and is completed in cash at Rs. 13.26 per share.