The Exchange has received the disclosure under Regulation 29(2) of SEBI (Substantial Acquisition of Shares & Takeovers) Regulations, 2011 for Aditya Kumar Halwasiya
CUPID · price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Awaiting price reaction for this filing.
Aditya Kumar Halwasiya, part of the promoter group of Cupid Limited, bought 11,00,000 equity shares (face value Re. 1) in the open market on September 10, 2025. This raised his personal holding from 7.92 crore shares (29.52%) to 8.03 crore shares (29.93%) of the company. The total promoter group holding (including Columbia Petro Chem Pvt Ltd) went from 42.50% to 42.91% of the company's share capital. The disclosure was filed under SEBI's takeover regulations to report this promoter-level acquisition.
This is a confidence-boosting signal — a promoter is increasing his stake using personal funds, which generally supports the stock. However, the increase is small (0.41% of capital), so the direct price impact is likely limited. Promoter group remains comfortably below 50%, with no change of control in sight.