Cupid promoter buys 41 lakh shares in open market, promoter stake rises to 47.18 percent
CUPID · price
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On the reaction day the stock moved 2.4 pts more than Nifty Microcap 250 and 2.5 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 and Managing Director of Cupid Limited, bought 41,00,000 equity shares (face value Re. 1) in the open market on September 21, 2026. His personal stake rose from 33.92 percent to 34.23 percent. Total promoter group holding, including Columbia Petro Chem, increased from 46.87 percent to 47.18 percent of paid-up capital. Disclosure filed under SEBI SAST Regulation 29(2). No pledge or encumbrance changes reported.
Open market buying by promoter signals confidence and nudges promoter group closer to the 50 percent shareholding threshold.