Cupid Limited has informed the Exchange about Intimation Of Disclosure Under Regulation 29(2) Of SEBI (SAST)Regulations, 2011.
CUPID · price
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On the reaction day the stock moved 5.1 pts more than Nifty Microcap 250 and 3.8 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.
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Mr. Aditya Kumar Halwasiya, Promoter and Chairman & Managing Director of Cupid Limited, acquired 8,00,000 equity shares (face value Re. 1 each) in the open market on March 20, 2026. His individual holding rose from 32.84% to 32.90% of the company's paid-up share capital. Total promoter and promoter group holding after the purchase stands at 45.85% (4,61,64,475 shares), with Columbia Petro Chem Private Limited holding the remaining 12.95%. The disclosure was filed under Regulation 29(2) of SEBI (SAST) Regulations, 2011, and no encumbrance or pledge activity is involved.
This is a small but notable open-market purchase by the promoter, generally seen as a positive signal indicating insider confidence in the company. The promoter group remains below the 50% threshold at 45.85%, so the acquisition is not large enough to materially shift control dynamics.