Verlinvest divests entire stake in India's Sula Vineyards

Verlinvest divests entire stake in India's Sula Vineyards

Photo: Pixabay

Verlinvest Asia on Monday exited its 14-year-old investment in Nashik-based wine producer Sula Vineyards by offloading an 8.34% stake in the company for about Rs 406 crore via open market transactions.

Edited by: Joymitra Rai