CUPIDNSECupid LimitedLowNeutral
Announced Mon, 12 May · 14:41 IST

Aditya Kumar Halwasiya has Submitted to the Exchange a copy of Disclosure under Regulation 31(4) of the Securities and Exchange Board of India (Substantial Acquisition of Shares and Takeovers) Regulations, 2011.

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Price reaction · full curve

Awaiting price reaction for this filing.

AI summary

Mr. Aditya Kumar Halwasiya, a promoter of Cupid Limited, has filed a disclosure under Regulation 31(4) of SEBI's Takeover Regulations with the stock exchanges. The disclosure states that he held approximately 1,14,09,5432 shares of Cupid Limited as of March 31, 2025. Importantly, he has confirmed that he has not created any new encumbrance (pledge or similar charge) on his shares, directly or indirectly, other than what was already disclosed earlier in the financial year. The PAN details of the promoter and promoter group have been attached as Annexure-A.

Likely market impact

This is a routine annual compliance filing and largely a neutral event. The key takeaway for investors is that the promoter has not pledged any additional shares, which is a mildly reassuring signal on the stability of promoter shareholding. No immediate impact on stock price is expected.