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
CUPID · price
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Awaiting price reaction for this filing.
This is a revised/corrected disclosure (not new transactions) submitted by Columbia Petro Chem Pvt Ltd, a promoter group entity of Cupid Ltd, fixing earlier December 2024 filings where percentages were missing and figures were clubbed together. The revised disclosure breaks down open market share sales across three dates in Dec 2024: 1,00,000 shares on Dec 4, 58,678 shares on Dec 5, and 87,172 shares plus 2,000 shares (correction to pre-sale count) on Dec 6. Aggregate promoter group entity holding dropped from 35,08,770 shares (13.07%) to 34,83,850 shares (12.98%) — a small trim of roughly 2.48 lakh shares (~0.09% of capital). Mode of all transactions: open market sale.
No fresh economic event for shareholders — these are corrections to already-filed disclosures from December 2024. Investors may note that a promoter group entity has trimmed its stake modestly via open market sales, but the reduction is minor (~0.09%) and unlikely to move the stock on its own.