Pursuant to Regulation 30 read with Schedule III to the Securities and Exchange Board of India (Listing Obligation and Disclosure Requirements) Regulation, 2015 ('Listing Regulations'), we wish to inform you that the Nomination and Remuneration Committee of the Board of Directors of Sula Vineyards Limited ('Company') by way of circular resolution on Thursday, June 01, 2023 has approved grant of 49,200 stock options under Sula Vineyards Employee Stock Option Scheme 2021 ('ESOP 2021).\r\n\r\nThe disclosure as required under Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 with respect to the ESOP 2015 is enclosed herewith as Annexure-1.\r\n\r\nYou are requested to take the above information on your record\r\n