Rajeev Samant, founder and CEO of Sula Vineyards, one of India’s largest wine companies, increased his stake in the company by adding 60,000 shares in June 2026 through a series of open market purchases.
Cumulatively, Samant has purchased ~2.3 lakh shares since February 2026, as disclosed under the “Insider Trading” filings available on the stock exchanges.
Following these acquisitions, promoter shareholding in Sula Vineyards has increased to 24.6%, up from 24.3% as on 31 December 2025. Notably, this represents the first increase in promoter shareholding since the company’s listing in December 2022.
Sula Vineyards had reported a 7.1% year-on-year increase in revenue for the fourth quarter of FY26, supported by strong growth in its Elite & Premium wine portfolio and record performance in its wine tourism business.
The company’s revenue from operations rose to Rs 142.6 crore in Q4 FY26, compared with Rs 133.1 crore in the corresponding quarter last year. Wine tourism revenue reached an all-time high of Rs 23.9 crore during the quarter, marking a 17.5% YoY growth, driven by an 11% increase in footfalls and strong room revenue growth following the launch of its third resort, The Haven by Sula.
Commenting on the performance, Samant had said, “I am pleased to say that after a few tough quarters, we saw a much better performance in Q4 FY26, marking a return to growth with revenue up 7% YoY. This recovery was driven by a combination of improved traction in Own Brands and another record quarter in Wine Tourism.”
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Naresh Khanna – 10 February 2025
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