The Company has increased its Authorised share capital and consequently amended clause V of Memorandum of Association (MOA).
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 has increased its authorised share capital to Rs. 111 crores, divided into 11.10 crore equity shares of Rs. 10 each face value. The change was carried out by amending Clause V of the company's Memorandum of Association. Shareholders approved the increase at an Extra-Ordinary General Meeting held on January 27, 2026. The revised MOA will be available on the company's website. The previous authorised capital was lower, though the exact prior figure is not disclosed in this filing.
An increase in authorised share capital gives the company room to issue new equity shares in the future, which could be used for fundraising, expansion, or acquisitions. For existing shareholders, this does not immediately dilute holdings but signals potential future equity issuance.