Cupid Limited Sets March 9 Record Date for 4:1 Bonus Share Allotment

2 min read     Updated on 02 Mar 2026, 05:05 PM
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Reviewed by
Riya DScanX News Team
Overview

Cupid Limited has set March 9, 2026 as the record date for its 4:1 bonus share allotment following regulatory approvals from BSE and NSE. The company will allot 107,57,28,560 bonus equity shares on March 10, 2026, with shareholders receiving 4 new shares for every existing share, building on the 99.99% approval received during the February EGM.

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*this image is generated using AI for illustrative purposes only.

Cupid Limited has announced the record date of March 9, 2026, for its approved 4:1 bonus share allotment, following successful regulatory approvals from both BSE Limited and National Stock Exchange of India Limited. The manufacturer and exporter of male condoms, female condoms, water-based lubricants, and In Vitro Diagnostics (IVD) kits received in-principal approvals under Regulation 28(1) of SEBI (LODR) Regulations, 2015 from BSE on February 27, 2026, and from NSE on March 2, 2026.

Bonus Share Allotment Details

The company's Board of Directors has fixed Monday, March 9, 2026, as the record date for determining shareholder eligibility for the bonus equity shares. The deemed date of allotment will be Tuesday, March 10, 2026, in accordance with SEBI Circular No. SEBI CIR/CFD/PoD/2024/122 dated September 16, 2024.

Bonus Share Parameters Details
Record Date: March 9, 2026
Deemed Allotment Date: March 10, 2026
Bonus Ratio: 4:1
Total Bonus Shares: 107,57,28,560
Face Value: Re. 1/- each
Share Type: Fully paid-up equity shares

Regulatory Approvals and Compliance

The bonus share issuance follows the overwhelming shareholder approval received during the company's Extra Ordinary General Meeting held on February 24, 2026. The bonus share resolution achieved 99.99% approval with 12,73,65,000 votes in favor and only 511 votes against, demonstrating near-unanimous shareholder support.

Under the approved bonus scheme, eligible shareholders will receive 4 new fully paid-up equity shares of Re. 1/- each for every 1 existing fully paid-up equity share of Re. 1/- held as on the record date. The total allotment comprises 107,57,28,560 bonus equity shares, significantly expanding the company's equity base.

Previous EGM Success and Strategic Approvals

The bonus share allotment represents the culmination of comprehensive corporate restructuring approved during the February 24, 2026 EGM. All five resolutions presented to shareholders received requisite majority approval, including the increase in authorized capital and alteration of the Capital Clause in the Memorandum of Association.

EGM Resolution Results Votes in Favour Approval %
Bonus Shares: 12,73,65,000 99.99%
Capital Increase: 12,68,03,758 99.56%
Loans/Guarantees Threshold: 12,66,95,872 99.48%
Director Continuation: 12,69,64,680 99.69%
Mortgage Approval: 12,73,60,347 99.99%

Market Impact and Shareholder Benefits

The 4:1 bonus ratio represents a substantial reward for existing shareholders, effectively increasing their shareholding by 400% without additional investment. The bonus share allotment is expected to improve liquidity and make the stock more accessible to retail investors by reducing the per-share price proportionally.

The company communicated the record date and allotment details to both BSE Limited (Scrip Code: 530843) and National Stock Exchange of India Limited (Scrip Code: CUPID) on March 2, 2026, ensuring full regulatory compliance and transparency in the bonus share distribution process.

Historical Stock Returns for Cupid

1 Day5 Days1 Month6 Months1 Year5 Years
+3.28%-2.10%-6.47%+98.56%+515.72%+584.19%

Cupid Limited Promoter Aditya Kumar Halwasiya Acquires 2,27,000 Equity Shares

1 min read     Updated on 27 Feb 2026, 03:19 PM
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Reviewed by
Naman SScanX News Team
Overview

Cupid Limited's promoter Aditya Kumar Halwasiya acquired 2,27,000 equity shares through open market purchase, increasing his stake from 32.76% to 32.84%. The acquisition was executed on February 26, 2026, and disclosed under SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 2011, demonstrating continued promoter confidence in the company.

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Cupid Limited has disclosed a share acquisition by its promoter group under regulatory compliance requirements. The company, which manufactures and exports male condoms, female condoms, water-based lubricants, and in vitro diagnostics kits, announced the transaction through stock exchange filings.

Promoter Share Acquisition Details

Aditya Kumar Halwasiya, Chairman and Managing Director of Cupid Limited, acquired 2,27,000 equity shares of face value Re. 1 each through open market purchase. The acquisition represents 0.08% of the company's total share capital and diluted voting capital.

Parameter: Before Acquisition After Acquisition Change
Aditya Kumar Halwasiya's Holding: 88,10,2095 shares (32.76%) 88,32,9095 shares (32.84%) +2,27,000 shares (+0.08%)
Columbia Petro Chem Pvt Ltd: 34,83,9850 shares (12.95%) 34,83,9850 shares (12.95%) No change
Total Promoter Group Holding: 1,22,94,1945 shares (45.71%) 1,23,16,8945 shares (45.79%) +2,27,000 shares (+0.08%)

Transaction Specifications

The share acquisition was executed through market purchase on February 26, 2026. The transaction involved only equity shares carrying voting rights, with no warrants, convertible securities, or encumbered shares involved in the deal.

Transaction Details: Specifications
Mode of Acquisition: Market Purchase
Date of Acquisition: February 26, 2026
Share Face Value: Re. 1 per share
Total Shares Acquired: 2,27,000

Company Capital Structure

Cupid Limited's equity share capital remained unchanged following the transaction. The company's capital structure shows consistent figures across pre and post-acquisition scenarios.

Capital Structure: Details
Equity Share Capital: ₹26,89,32,140
Total Number of Shares: 26,89,32,140 equity shares
Diluted Share Capital: ₹26,94,00,000
Diluted Number of Shares: 26,94,00,000 equity shares

Regulatory Compliance

The disclosure was made in compliance with Regulation 29(2) of SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 2011. The formal disclosure document was submitted by Aditya Kumar Halwasiya to both BSE Limited and National Stock Exchange of India Limited, where Cupid Limited shares are listed.

The acquisition strengthens the promoter group's position in the company while maintaining transparency through proper regulatory disclosures. The transaction reflects continued confidence by the promoter in the company's prospects and business operations.

Historical Stock Returns for Cupid

1 Day5 Days1 Month6 Months1 Year5 Years
+3.28%-2.10%-6.47%+98.56%+515.72%+584.19%

More News on Cupid

1 Year Returns:+515.72%