The board of Sula Vineyards approved the sale of its existing registered office premises at a meeting held on 10 June 2026. According to reports from Business Standard, the company has set a minimum consideration of ₹27 crore for the property sale. The board also approved the relocation to a new registered office location within the same building complex.
The company will relocate to a new registered office located at 201, Solaris One, Prof. N. S. Phadke Marg, Andheri East, Mumbai - 400069. As reported by Business Standard, this represents a shift from the current location at 901, Solaris One, Prof. N. S. Phadke Marg, Andheri East, Mumbai - 400069. The new office will be operational from 1 July 2026.
The minimum consideration of ₹27 crore represents a significant financial transaction for the wine company. According to the board approval reported by Business Standard, this amount reflects the company's strategic decision to monetize its existing registered office premises while maintaining its presence in the same commercial complex.
