CUPIDBSECupid Ltd-$HighPositive
Announced Fri, 27 Feb · 09:47 IST

The Exchange has received the disclosure under Regulation 29(2) of SEBI (Substantial Acquisition of Shares & Takeovers) Regulations, 2011 for Aditya Kumar Halwasiya

Promoter Stake BuyPromoter Below 50pctOwnership Changes View source PDF

CUPID · price

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

Price reaction · full curve

Awaiting price reaction for this filing.

AI summary

Promoter Aditya Kumar Halwasiya acquired 2,27,000 equity shares of Cupid Ltd in the open market on February 26, 2026, at face value of Re. 1 per share. His individual holding increased from 8,81,02,095 shares (32.76%) to 8,83,29,095 shares (32.84%), a marginal rise of 0.08%. The total promoter and promoter group holding now stands at 12,31,68,945 shares, or 45.79% of the company's paid-up equity capital. The acquisition was made through market purchase and there are no encumbered shares involved. Columbia Petro Chem Private Limited, another promoter group entity, continues to hold 3,48,39,850 shares (12.95%).

Likely market impact

This is a small open-market purchase by an existing promoter, generally viewed as a mild positive signal of insider confidence, though the stake increase is very minor. With combined promoter holding at 45.79%, they remain below the 50% majority threshold, and any further significant buying could attract SEBI takeover code disclosure requirements.