Announced Thu, 15 Oct, 2026 · 18:53 IST

Cupid converts 30L Baazar Style warrants into equity shares at Rs 328.25

Listed Co AcquisitionStrategic Transactions View source PDF Explain this filing

CUPID · price

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▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.

Price reactionminutes from the announcement price · days from the prior close

+0.8%Reaction day

₹351.30

prior close

₹353.00

announcement price

After-mkt

timing

Nifty Smallcap 250market+0.1%+0.8% vs market

Personal Care peers, median of 13sector+0.4%+0.4% vs sector

On the reaction day the stock moved 0.8 pts more than Nifty Smallcap 250 and 0.4 pts more than its Personal Care peers, over the same two closes: a difference in percentage points, not a measure of what the filing did.

Minutes after the announcementfrom the announcement price · no benchmark

Stock

+0.7

10m

+0.5

15m

-0.8

30m

-1.2

Sessions after the filingfrom the prior close

StockMarketvs marketSectorvs sector

Reaction day

+0.8+0.1+0.8+0.4+0.4

Next day

-4.3-1.1-3.2+0.0-4.3

-3.5-3.3-0.2-1.5-2.0

-9.2-4.4-4.8-2.4-6.8

-12.6-7.0-5.5-3.6-9.0

-10.7-6.0-4.7-4.1-6.6

-10.3pendingpending-6.0-4.3

15d

—————

UpDownMarket · Nifty Smallcap 250Sector · Personal Care peers, median of 13Pending

Minute windows have no benchmark: there is no intraday index history to compare against.

AI summary

Cupid Limited has completed converting 30 lakh warrants into equity shares of Baazar Style Retail at Rs 328.25 per share. Total warrants allotted were 1.01 crore, of which 45 lakh have been converted so far, leaving 56 lakh warrants still outstanding for conversion. This is an update to the September 26, 2026 board approval.

Likely market impact

Strengthens Cupid's equity stake in Baazar Style Retail. Remaining 56L warrant conversion could further increase holding.