Cupid Limited promoter increases stake to over 30%

Mr. Aditya Kumar Halwasiya, promoter and chairman and managing director of Cupid Limited, acquired 1,000,000 equity shares of face value Re. 1/- each in Cupid Limited through a market purchase on September 12, 2025. This transaction falls under Regulation 29(2) of SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 2011.

Before this acquisition, Mr. Halwasiya held 80,355,582 shares, representing 29.93% of the total share/voting capital. Post-acquisition, his holding increased to 81,355,582 shares, which now constitutes 30.30% of the total share/voting capital. The acquisition also led to an increase in the overall promoter group holding (Aditya Kumar Halwasiya and Columbia Petro Chem Private Limited) from 42.91% to 43.28% of the total share/voting capital.

The total diluted share/voting capital of Cupid Limited after this acquisition stands at 31,34,00,000 divided into 31,34,00,000 equity shares of Re. 1/-. The acquisition underscores a strengthened position of the promoter in the company.