The Exchange has received the disclosure under Regulation 29(1) of SEBI (Substantial Acquisition of Shares & Takeovers) Regulations, 2011 for Subha Lalita Samavedam
Price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
On the reaction day the stock moved 3.1 pts less than Nifty Microcap 250 and 3.8 pts less than its Breweries & Distilleries peers, over the same two closes: a difference in percentage points, not a measure of what the filing did.
Minute windows have no benchmark: there is no intraday index history to compare against.
An individual acquirer, Subha Lalita Samavedam (not part of the promoter group), has acquired 33,35,273 equity shares representing 6.42% of the total paid-up equity share capital of Cupid Breweries and Distilleries Ltd through a preferential allotment dated April 11, 2025. Prior to this acquisition, the acquirer held no shares in the company, so this is a fresh entry crossing the 5% disclosure threshold under SEBI takeover regulations. The preferential allotment massively expanded the company's equity share capital from ₹96 lakh (9,60,000 shares) to ₹51.98 crore (5,19,83,002 shares), indicating a large capital raise.
Existing shareholders face significant equity dilution as the total share count grew by roughly 54 times. The entry of a new non-promoter shareholder above the 5% mark suggests external investment interest, but the steep expansion of share capital may pressure the stock price in the short term.