Cupid Limited has informed the Exchange about General Updates on Intimation of disclosure under regulation 29(2) of SEBI (SAST) Regulations, 2011.
CUPID · price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Awaiting price reaction for this filing.
Mr. Aditya Kumar Halwasiya, Promoter and Chairman & Managing Director of Cupid Limited, purchased 5,00,000 equity shares (face value Re. 1 each) in the open market on Friday, September 26, 2025. This raised his individual holding in the company from 86,955,582 shares (32.39%) to 87,455,582 shares (32.58%), an increase of just 0.19% of the total share capital. Including Columbia Petro Chem Private Limited (which holds 12.98% unchanged), the total promoter group holding moved from 45.37% to 45.56%. No shares were encumbered, sold, or otherwise transferred. The disclosure was filed under Regulation 29(2) of the SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 2011.
This is a small open-market purchase by the promoter, signalling continued insider confidence in the company, though it does not materially change ownership or control since the promoter group remains below the 50% majority threshold. Investors may view it as mildly positive on sentiment but it is unlikely to move the stock price meaningfully.