Cupid co-promoter Aditya Halwasiya buys 5.90 lakh shares in open market

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Reviewed by
Naman SScanX News Team
Key Highlights
  • Aditya Kumar Halwasiya acquired 5.90 lakh Cupid shares in the open market on September 15, 2026
  • His individual stake rose to 33.92%, up from 33.88%
  • The promoter group's total holding increased to 46.87% from 46.83%
  • The transaction was disclosed under SEBI SAST Regulation 29(2)
  • No encumbrances or pledges exist on the promoter group's shares
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Cupid co-promoter Aditya Kumar Halwasiya acquired 5.90 lakh shares in the open market on September 15, 2026, lifting the promoter group's total ownership to 46.87%.

Shareholding details

The acquisition was disclosed under Regulation 29(2) of the SEBI (Substantial Acquisition of Shares & Takeovers) Regulations, 2011. The open market purchase marks a direct addition to the promoter group's stake in Cupid Limited.

Prior to this transaction, Aditya Kumar Halwasiya held 45,55,82,093 shares, representing 33.88% of the total share capital and 33.82% of the diluted voting capital. Other promoter entities, specifically Columbia Petro Chem Private Limited, held 1,74,19,92,50 shares, accounting for 12.95% of the total share capital.

Following the purchase of 5,90,000 equity shares (face value ₹1 each), Aditya Kumar Halwasiya's holding increased to 45,61,72,093 shares. This brings his individual stake to 33.92% of the total share capital and 33.87% of the diluted voting capital.

The promoter group's combined holding now stands at 6,30,37,13,43 shares, which is 46.87% of the total share capital and 46.80% of the diluted share capital. There are no encumbrances, pledges, or liens on these shares.

Parameter Details
Acquirer Aditya Kumar Halwasiya
Role Co-promoter
Shares acquired 5.90 lakh
Mode of acquisition Open market
Date of acquisition September 15, 2026
Individual stake post-acquisition 33.92%
Promoter group holding post-acquisition 46.87%

Regulatory context

The disclosure was filed with both the BSE Limited and the National Stock Exchange of India Limited. Cupid Limited's total equity share capital remains at ₹134,46,60,700, divided into 13,44,66,07,000 equity shares of ₹1 each. The total diluted share capital stands at ₹134,70,00,000.

Historical Stock Returns for Cupid

1 Day5 Days1 Month6 Months1 Year5 Years
+1.39%-3.28%-5.73%+235.20%+508.25%+11,742.11%

How might this open market acquisition signal the promoter group's confidence in Cupid's future growth trajectory amid current market conditions?

Could this increase in promoter holding reduce free float volatility and impact the stock's liquidity or valuation multiples in the near term?

What are the potential implications for minority shareholders if the promoter group continues to consolidate its stake towards a higher threshold?

Cupid promoter Aditya Halwasiya buys 11 lakh shares in open market

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Reviewed by
Anirudha BScanX News Team
Key Highlights
  • Aditya Kumar Halwasiya bought 11,00,000 shares in open market
  • His individual stake rises from 33.80% to 33.88%
  • Total promoter group holding increases to 46.83%
  • Columbia Petro Chem stake remains unchanged at 12.95%
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*this image is generated using AI for illustrative purposes only.

Cupid Limited promoter Aditya Kumar Halwasiya acquired 11,00,000 equity shares in the open market on September 11, 2026. The transaction increases his individual holding to 33.88% of the company’s total voting capital.

The acquisition was disclosed under Regulation 29(2) of the SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 2011. The purchase adds 0.08 percentage points to his stake in the condom and lubricant manufacturer.

Shareholding Changes

Aditya Kumar Halwasiya’s holding rose from 454,482,093 shares to 455,582,093 shares following the open market purchase. The total promoter group holding, which includes Columbia Petro Chem Private Limited, stands at 629,781,343 shares.

Metric Before Acquisition After Acquisition
Aditya Kumar Halwasiya Shares 454,482,093 455,582,093
Aditya Kumar Halwasiya Stake 33.80% 33.88%
Total Promoter Group Shares 628,681,343 629,781,343
Total Promoter Group Stake 46.75% 46.83%

Columbia Petro Chem Private Limited’s holding remained unchanged at 174,199,250 shares, representing 12.95% of the voting capital. There were no changes in encumbered shares or voting rights other than equity shares for either entity.

Capital Structure

The company’s equity share capital remains at ₹134,46,60,700, divided into 134,46,60,700 equity shares of face value Re. 1 each. The total diluted share capital stands at ₹134,70,00,000, assuming full conversion of outstanding convertible securities.

Historical Stock Returns for Cupid

1 Day5 Days1 Month6 Months1 Year5 Years
+1.39%-3.28%-5.73%+235.20%+508.25%+11,742.11%

Does this incremental stake consolidation signal Aditya Kumar Halwasiya's confidence in Cupid Limited's near-term growth trajectory or potential upcoming strategic initiatives?

How might the stable promoter group holding of nearly 47% impact the liquidity and volatility of Cupid Limited's shares in the open market?

Given the company's position in the personal care sector, could this insider buying coincide with new product launches or expansion plans into international markets?

More News on Cupid

1 Year Returns:+508.25%