Sula Vineyards Limited announced that at its board meeting held on 4 April 2024, approved the following: the board took note of the resignation of Mr. Arjun Anand as non-executive nominee director (Nominee of Verlinvest Asia Pte Ltd) of the company with effect from the close of business hours on 4 April 2024 owing to sale of entire shareholding of Verlinvest in the company. Consequently, he shall also cease to be a Member of the Audit Committee; The board took note of the resignation of Mr. Riyaaz Amlani as the non-executive independent director of the company with effect from the close of business hours on 4 April 2024 owing to pre-occupation and other personal commitments. Consequently, he shall also cease to be a Member of the Nomination and Remuneration Committee, Risk Management Committee and Corporate Social Responsibility Committee.