Agreement to Acquire Chandon’s World-Class Wine Estate - Sula Vineyards Ltd

Code BSE: 543711 NSE:

Sula Vineyards Signs a Definitive Agreement to Acquire Chandon’s World-Class Wine Estate Spanning 19 Acres in Nashik to Expand its Wine Tourism Footprint Sula will commence operations of the existing hospitality facilities and tasting room upon handover, ensuring continuity without skipping a beat. Additionally, the estate’s strategic location offers key advantages. It is located just a 20-minute drive from Nashik Airport, which is expected to see increased air traffic and enhanced connectivity ahead of the upcoming Kumbh Mela. Moreover, proximity to Sula’s existing wineries in Dindori enables seamless operational integration.