Cupid Breweries & Distilleries Ltd held its board meeting on September 7, 2026, to approve key governance appointments and convene its 40th Annual General Meeting. The board also finalized the appointment of statutory and secretarial auditors for the next five years.

The meeting, which commenced at 2:00 pm and concluded at 3:55 pm, focused on regulatory compliance and corporate governance structures ahead of the upcoming financial year.

Key Approvals

The board of directors considered and approved several critical resolutions during the session:

• Notice for the 40th Annual General Meeting (AGM) scheduled for September 30, 2026, to be conducted via video conference.
• The Board’s Report and its annexures for the fiscal year ended March 31, 2026.
• Appointment of M/s. MMRS & Co., Chartered Accountants, as Statutory Auditor for a five-year term from FY27 to FY31.
• Appointment of Ms. Neha Poddar as Secretarial Auditor for a five-year term from FY27 to FY31.
• Re-appointment of M/s. R Narsihma and Associates as Internal Auditor for FY27.
• Re-appointment of Mr. Ninad Maruti Dhuri as an Independent Director for a second five-year term.

Auditor Appointments

M/s. MMRS & Co., Chartered Accountants (Firm Registration No: 013830S), was appointed as the Statutory Auditor based on the Audit Committee’s recommendation. The firm specializes in statutory audits, forensic accounting, and business valuations.

Ms. Neha Poddar, a Practicing Company Secretary with over 14 years of experience in corporate laws and SEBI regulations, was appointed as the Secretarial Auditor. Her expertise includes secretarial audits, FEMA compliances, and corporate governance advisory.

M/s. R Narsihma and Associates was re-appointed as the Internal Auditor for FY27. The firm provides services in accounting, taxation, and virtual CFO solutions across diverse sectors.

Director Re-appointment

Mr. Ninad Maruti Dhuri was recommended for re-appointment as an Independent Director for a second consecutive five-year term. His tenure is set to commence on September 30, 2026, and end on September 29, 2031.

Mr. Dhuri brings over 14 years of experience in media, advertising sales, and business development. His background includes driving revenue growth, developing strategic advertising initiatives, and managing brand campaigns.

All appointments are subject to shareholder approval at the ensuing AGM.

Cupid Breweries & Distilleries Ltd signed a non-binding memorandum of understanding for technology and business collaboration on August 21, 2026. The agreement supports the company’s upcoming commercial operations.

The deal covers manufacturing processes, product quality, and operational scalability. Company officials finalized these discussions during business meetings in Germany.

Strategic Context

The MoU follows a Board Meeting held on July 9, 2026. The collaboration aligns with applicable food safety and excise laws and regulations. The company stated it will provide further updates as per regulatory requirements.

This disclosure was made under Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.