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 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

-0.9%Reaction day

₹40.05

prior close

₹39.80

announcement price

In-mkt

timing

Nifty Microcap 250market · index membership as recorded later (tracked since Jun 2026)-0.1%-0.8% vs market

Personal Care peers, median of 12sector-0.9%+0.0% vs sector

On the reaction day the stock moved 0.8 pts less than Nifty Microcap 250 and in line with 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

+0.0

10m

-0.1

15m

-3.3

30m

-0.5

Sessions after the filingfrom the prior close

StockMarketvs marketSectorvs sector

Reaction day

-0.9-0.1-0.8-0.9+0.0

Next day

+3.9+0.7+3.2-0.3+4.2

+2.5+1.2+1.3-0.5+3.0

+4.4+1.9+2.5-0.2+4.6

+3.4+1.6+1.7-0.2+3.6

+7.1+2.0+5.1-0.4+7.5

+9.9+0.9+8.9-1.2+11.1

15d

+9.0-1.4+10.4-3.1+12.1

+23.8-1.6+25.5-5.1+29.0

+40.3-0.7+41.0-3.5+43.8

+97.0-6.0+103.0-9.0+106.0

UpDownMarket · Nifty Microcap 250Sector · Personal Care peers, median of 12Pending

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

AI summary

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.

Likely market impact

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.