Sula Vineyards names Karan Vasani as new COO

4 Jul 2023 , 10:39 AM

Sula Vineyards Limited stated that Chaitanya Rathi, Chief Operating Officer and Key Managerial Personnel of the Company, resigned from the Company on July 3, 2023, to pursue professional interests outside the company.

Furthermore, the company has named Karan Vasani, Chief Winemaker and a key member of the Sula leadership team, to step in the shoes of Chaitanya as COO.

The necessary approvals and disclosure for Karan’s appointment as COO will be communicated to the stock exchanges in due course, said the company in its filing.

Karan Vasani is the chief winemaker at the company. He has been associated with Sula in various capacities since October 1, 2013. He has a bachelor’s degree in commerce from the University of Mumbai and a graduate diploma in viticulture and oenology from New Zealand’s Lincoln University.

At around 10.36 AM, Sula Vineyards was trading 0.35% lower at Rs 444.55, against the previous close of Rs 446.10 on NSE. The counter touched an intraday high and low of Rs 450.40 and Rs 443.25, respectively.

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