Newspaper publication for Offer opening public announcement published on today, October 24, 2025.
Price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Awaiting price reaction for this filing.
Cupid Breweries and Distilleries Limited has submitted copies of the newspaper publication of its Offer Opening Public Announcement dated October 24, 2025, published in Financial Express (English), Jansatta (Hindi), and Navshakti (Marathi). The open offer is for acquisition of up to 9,60,000 fully paid-up equity shares (face value ₹10) at ₹71.80 per share, including an interest component of ₹11.80 for delay, aggregating up to ₹6.89 crore. This represents 100% of the pre-preferential public shareholding or 1.85% of the existing voting share capital. The acquirers are Erramilli Venkatachalam Prasad and Rodrigues Bhagvandas Lily, with Erramilli Rishab as Person Acting in Concert. The tendering period is October 27, 2025 to November 10, 2025.
Eligible public shareholders can tender their shares at ₹71.80 per share during the October 27–November 10, 2025 window. The offer price includes interest for delay and may provide an exit opportunity for public holders. The acquirers have already received a large preferential allotment, signalling a change in control of the company.