Cupid Limited has informed the Exchange about General Updates on Intimation of Disclosure under regulation 29(2) of SEBI (SAST) Regulations, 2011.
CUPID · price
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Awaiting price reaction for this filing.
Mr. Aditya Kumar Halwasiya, Promoter and Chairman & Managing Director of Cupid Limited, bought 10,00,000 equity shares (face value Re. 1 each) in the open market on September 22, 2025. This is a market purchase disclosed under SEBI (SAST) Regulation 29(2). His individual holding rose from 83,355,582 shares (31.05%) to 84,355,582 shares (31.42%) of the company's share capital. Including Columbia Petro Chem Private Limited (another promoter group entity holding 12.98%), the total promoter group holding stands at 44.40% post-acquisition. No encumbrance or pledge is involved in this transaction.
This is a small open-market purchase (just 0.37% of capital) by the promoter, which is a mild positive signal showing insider confidence. With total promoter holding still well below the 50% takeover threshold, the promoter group retains significant headroom to increase its stake in the future.