Cupid Breweries and Distilleries Limited has announced a significant increase in its authorized share capital, following shareholder approval at an extraordinary general meeting. The company disclosed this corporate action to BSE Limited on March 02, 2026, in compliance with regulatory requirements.

Authorized Share Capital Enhancement

The company has increased its authorized share capital and amended Clause V of its Memorandum of Association accordingly. The amendment received approval from shareholders during the Extra-Ordinary General Meeting held on January 27, 2026.

Regulatory Compliance

The disclosure was made in accordance with Regulation 30 read with Para A of Part A of Schedule III of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. This ensures transparency and keeps stakeholders informed about material changes to the company's capital structure.

Documentation and Accessibility

Cupid Breweries and Distilleries Limited has committed to making the updated Memorandum of Association available on its official website at https://cupidalcobev.com/ . This step ensures easy access to the amended corporate documents for shareholders and other stakeholders.

The company, formerly known as Cupid Trades and Finance Limited, continues to maintain its listing on BSE Limited with scrip code 512361. The disclosure was signed by Sachin Rawat, who serves as the company's CFO and Company Secretary.

Cupid Breweries and Distilleries Limited has paid a Standard Operating Procedure (SOP) fine of ₹4.36 lakh to BSE Limited for the delayed submission of its Q2FY26 financial results. The company disclosed this development under Regulation 30 of SEBI Listing Regulations on January 31, 2026.

SOP Fine Payment Details

The Board of Directors approved the Q2FY26 financial results at their meeting held on January 29, 2026, and subsequently submitted them to BSE Limited. Following this submission, the company remitted the SOP fine on January 30, 2026.

Regulatory Background

The SOP fine was imposed by BSE Limited for the alleged delay in submission of unaudited financial results for the quarter and half year ended September 30, 2025, under Regulation 33 of the SEBI Listing Regulations. The company had initially submitted a waiver application on December 17, 2025, disclosing the same to the stock exchange.

Waiver Application Status

The waiver application submitted by the company remains under consideration with BSE Limited. The company has committed to inform the stock exchange and investors about the outcome once received from BSE.

Q2FY26 Financial Performance Context

The delayed results showed challenging operational metrics for the quarter ended September 30, 2025:

Company Information

Cupid Breweries and Distilleries Limited, formerly known as Cupid Trades and Finance Limited, operates in the alcoholic beverages sector. The company is listed on BSE with scrip code 512361 and ISIN INE108G01010. The disclosure was signed by Sachin Rawat, CFO and Company Secretary, emphasizing the company's commitment to regulatory compliance and investor transparency.