Promoter Aditya Halwasiya buys 41 lakh shares of Cupid Ltd in open market

Promoter Stake BuyCreeping Acquisition Near ThresholdPromoter Below 50pctOwnership Changes View source PDF Explain this filing

CUPID · price

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

Price reactionminutes from the announcement price · days from the prior close

+2.8%Reaction day

₹251.15

prior close

₹260.80

announcement price

In-mkt

timing

Nifty Microcap 250market+0.4%+2.4% vs market

Personal Care peers, median of 14sector+0.3%+2.5% vs sector

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.

Minutes after the announcementfrom the announcement price · no benchmark

Stock

+0.2

10m

-0.2

15m

-0.1

30m

-0.4

Sessions after the filingfrom the prior close

StockMarketvs marketSectorvs sector

Reaction day

+2.8+0.4+2.4+0.3+2.5

Next day

+9.6+1.7+7.9+1.4+8.2

+5.7+0.2+5.5+0.8+4.9

+7.5+0.5+7.1+0.5+7.0

+5.1-1.1+6.2-0.2+5.4

+15.6-0.1+15.7-1.3+16.9

+24.1-1.6+25.8-2.7+26.9

15d

+41.1-1.4+42.4+0.1+41.0

+27.0-7.4+34.4-3.5+30.5

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UpDownMarket · Nifty Microcap 250Sector · Personal Care peers, median of 14Pending

Minute windows have no benchmark: there is no intraday index history to compare against.

AI summary

Promoter Aditya Kumar Halwasiya acquired 41 lakh equity shares (0.30% stake) of Cupid Ltd in the open market on September 21, 2026. His personal holding rose from 33.92% to 34.23%. Total promoter group holding along with Columbia Petro Chem now stands at 47.18%, drawing closer to the 50% takeover trigger threshold under SEBI takeover rules.

Likely market impact

Shows continued promoter confidence in Cupid. Group holding at 47.18% is approaching the 50% takeover threshold, so further buying should be watched.