Promoter Aditya Kumar Halwasiya has declared that no encumbrance has been created on the shares of Cupid Limited during the financial year ended March 31, 2026. The disclosure confirms that the promoter group has not pledged or otherwise charged shares, directly or indirectly, beyond those previously reported to the exchanges.

The declaration was submitted to BSE Limited and The National Stock Exchange of India Limited on April 4, 2026. This communication was made in compliance with Regulation 31(4) of the SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 2011, which mandates promoters to disclose any encumbrance of shares.

Disclosure Details

The filing specifically covers the financial year ended March 31, 2026. Halwasiya stated that apart from encumbrances already disclosed to the stock exchanges, no new charges have been created on the shares held by the promoter or the promoter group during this period.

The letter was addressed to the stock exchanges and copied to the Company Secretary and Compliance Officer of Cupid Limited. The company is registered at A – 68, MIDC, Sinnar, Malegaon, Nashik – 422113.

Promoter Aditya Kumar Halwasiya increased his stake in Cupid Limited by acquiring 21,00,000 equity shares through open market purchases on June 3, 2026. The acquisition, amounting to 0.16% of the total share capital, was executed at a face value of Re. 1 each. Following this transaction, Halwasiya's total holding in the company rose to 33.29%, strengthening the promoter group's control over the manufacturer of condoms and diagnostic kits.

The disclosure was submitted to BSE Limited and the National Stock Exchange of India Limited in compliance with Regulation 29(2) of the SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 2011. Hardik Meghji Chandra, Company Secretary and Compliance Officer of Cupid Limited, confirmed the receipt of the disclosure from the promoter.

Prior to the acquisition, Halwasiya held 44,55,25,475 shares, representing 33.13% of the total voting capital. The promoter group, including Columbia Petro Chem Private Limited, collectively held 46.08% before the transaction. With the latest purchase, the aggregate promoter group holding has increased to 46.24%.

The total equity share capital of Cupid Limited remains at Rs. 134,46,60,700, divided into 134,46,60,700 equity shares of Re. 1 each. The total diluted share capital post-acquisition stands at Rs. 134,70,00,000.

Shareholding Details