Cupid promoter Aditya Halwasiya buys 8.03 lakh shares in open market
Aditya Kumar Halwasiya, promoter of Cupid Limited, acquired 8,03,000 shares in the open market on August 18, 2026, raising his stake to 33.45%. The promoter group's total holding increased to 46.40%, with Columbia Petro Chem maintaining its 12.95% stake.

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Cupid Limited disclosed that its promoter and chairman, Aditya Kumar Halwasiya, acquired 8,03,000 equity shares in the open market on August 18, 2026. The acquisition was made pursuant to Regulation 29(2) of the SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 2011.
The purchase represents an increase of 0.06% in Halwasiya’s individual stake relative to the total share capital. Consequently, his holding rose from 44,90,21,013 shares (33.39%) to 44,98,24,013 shares (33.45%).
Promoter Group Holding
The total holding of the promoter group, which includes Columbia Petro Chem Private Limited, also saw a marginal increase. The group’s aggregate stake rose from 6,23,22,02,63 shares (46.34%) to 6,24,02,32,63 shares (46.40%).
| Metric: | Before Acquisition: | After Acquisition: |
|---|---|---|
| Aditya Kumar Halwasiya Stake: | 33.39% | 33.45% |
| Columbia Petro Chem Stake: | 12.95% | 12.95% |
| Total Promoter Group Holding: | 46.34% | 46.40% |
| Shares Acquired: | - | 8,03,000 |
Columbia Petro Chem Private Limited maintained its stake at 17,41,99,250 shares, representing 12.95% of the total share capital. There were no changes in encumbered shares or voting rights otherwise than by equity shares for either entity.
Transaction Details
The equity share capital of Cupid Limited remained unchanged at ₹13,44,66,07,00, divided into 13,44,66,07,00 equity shares of face value Re. 1 each. The total diluted share capital stands at ₹13,47,00,00,00, divided into 13,47,00,00,00 equity shares.
The disclosure was filed with both BSE Limited and the National Stock Exchange of India Ltd on August 18, 2026. Hardik Chandra, Company Secretary and Compliance Officer of Cupid Limited, certified the receipt of the disclosure from the promoter.
Historical Stock Returns for Cupid
| 1 Day | 5 Days | 1 Month | 6 Months | 1 Year | 5 Years |
|---|---|---|---|---|---|
| +0.92% | +0.02% | +6.58% | +201.56% | +590.68% | 0.0% |
How might Aditya Kumar Halwasiya's increased stake influence Cupid Limited's upcoming strategic decisions or capital allocation plans?
Does this open market acquisition signal the promoter's confidence in the company's near-term valuation, and how might this impact retail investor sentiment?
Given the marginal increase in promoter holding, are there indications of further planned acquisitions or potential lock-in period expiries for other major shareholders?


































