CUPIDNSECupid LimitedMediumNeutral
Announced Mon, 22 Sept · 19:19 IST

Cupid Limited has informed the Exchange about General Updates on Intimation of Disclosure under regulation 29(2) of SEBI (SAST) Regulations, 2011.

Promoter Stake BuyPromoter Below 50pctOwnership Changes View source PDF

CUPID · price

Loading chart…

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

Price reaction · full curve

Awaiting price reaction for this filing.

AI summary

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.

Likely market impact

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.