CUPIDBSECupid Ltd-$HighNeutral
Announced Wed, 2 Apr · 16:38 IST

The Exchange has received the revised disclosure under Regulation 29(2) of SEBI (Substantial Acquisition of Shares & Takeovers) Regulations, 2011 for Columbia Petro Chem Pvt Ltd

Ownership 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

Columbia Petro Chem Pvt Ltd, a member of the promoter group of Cupid Limited, has sold 2,47,850 equity shares (0.09% of total share capital) in the open market between 4th and 6th December 2024. Following this sale, its holding in Cupid has come down from 35,087,700 shares (13.07%) to 34,839,850 shares (12.98%). This is a revised disclosure, suggesting a correction to an earlier filing. The transaction is small in size and unlikely to materially impact the shareholding pattern of the company.

Likely market impact

This is a minor open-market sale by a promoter group entity, reducing its stake by just 0.09 percentage points. It is not a significant event for shareholders and is unlikely to have any meaningful impact on the stock price or the overall promoter holding pattern.