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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Cupid Limited's Chairman and Managing Director, Mr. Aditya Kumar Halwasiya, bought 10,00,000 (10 lakh) equity shares of the company in the open market on September 23, 2025. His individual holding rose from 84,355,582 shares (31.42%) to 85,355,582 shares (31.79%) of the total share capital. On a fully diluted basis, his stake moved from 26.92% to 27.24%. The total promoter and promoter group holding now stands at 44.77% of the equity share capital (38.36% diluted). No encumbrance or pledge-related changes were reported in this disclosure.
This is a small open-market purchase (about 0.37% of capital) by the promoter, signalling insider confidence in the company. Since the overall promoter group still holds below 50% at 44.77%, there is no change in control, and the move is well within SEBI's creeping acquisition limits.