Cupid Limited successfully concluded its Extra Ordinary General Meeting on February 24, 2026, with shareholders demonstrating overwhelming support for all five proposed resolutions. The meeting, conducted through video conferencing, marked significant corporate governance milestones for the manufacturer and exporter of male condoms, female condoms, water-based lubricants, and In Vitro Diagnostics (IVD) kits.

Meeting Participation and Overview

The EGM witnessed participation from 89 shareholders out of a total shareholder base of 1,71,896 as recorded on the cut-off date of February 17, 2026. The attendee breakdown included one promoter group representative and 88 public shareholders, reflecting active engagement in the company's strategic decisions.

Resolution Results and Voting Outcomes

All five resolutions presented to shareholders received requisite majority approval through remote e-voting and e-voting during the EGM. The voting demonstrated strong confidence across different shareholder categories, with particularly robust support from the promoter group and public non-institutional investors.

Key Resolutions Approved:

Resolution 1 - Special Resolution (99.48% approval): Increase in threshold of loans/guarantees, providing securities and making investments under Section 186 of the Companies Act, 2013. Total votes polled: 12,73,60,998 representing 47.36% of outstanding shares.

Resolution 2 - Ordinary Resolution (99.56% approval): Increase in Authorised Capital and alteration of Capital Clause in Memorandum of Association. This resolution received 12,68,03,758 votes in favor against 5,57,240 votes against.

Resolution 3 - Ordinary Resolution (99.99% approval): Issue of Bonus Shares achieved the highest approval rate with 12,73,65,000 votes in favor and only 511 votes against, demonstrating near-unanimous shareholder support.

Detailed Voting Analysis

Governance and Compliance Measures

Resolution 4 - Special Resolution (99.69% approval): Continuation of Directorship of Mr. Rajinder Singh Loona (DIN: 02305074) as Non-Executive Independent Director post attaining 75 years of age, ensuring continuity in board expertise.

Resolution 5 - Special Resolution (99.99% approval): Approval under Section 180(1)(a) of the Companies Act, 2013 for creation of mortgage or charge on company assets, properties, or undertakings, providing financial flexibility for future operations.

Scrutinizer's Validation

Shailesh Kachalia, Practising Company Secretary (CP No. 3888), served as the appointed scrutinizer for the e-voting process. The scrutinizer's report confirmed the integrity of the voting process conducted through Central Depository Services (India) Limited's e-voting platform. All voting data and relevant records remain under safe custody and will be preserved following the Chairman's approval of EGM minutes.

The comprehensive approval of all resolutions reflects strong shareholder confidence in Cupid Limited's strategic direction and governance framework, positioning the company for continued growth in its specialized healthcare and wellness product segments.

Cupid Limited has issued a comprehensive advisory to investors warning against unauthorized promotional messages that misuse the company's name to promote fake investment schemes. The advisory, filed under Regulation 30 on February 18th, 2026, addresses the circulation of false "multibagger" messages across various digital platforms.

Unauthorized Messages Targeting Investors

The company has become aware of fraudulent promotional messages circulating on SMS, WhatsApp and Telegram that misuse the name "CUPID" and reference past share price movements to promote so-called "next multibagger" opportunities. These messages are completely false, unauthorized and not endorsed by Cupid Limited in any manner.

The company believes that certain third parties with vested interests are attempting to exploit Cupid's name and market performance to lure investors into unrelated schemes for their nefarious purposes.

Comprehensive Investor Advisory

Cupid Limited has issued detailed guidelines for shareholders and the investing public to protect themselves from such fraudulent schemes. The company strongly urges investors to:

• Rely solely on information disseminated through official stock exchange filings (BSE/NSE), the Company's press releases, and its official website
• Seek advice only from SEBI-registered investment advisors and authorised intermediaries
• Avoid clicking suspicious links or joining groups promising guaranteed returns or "multibagger" recommendations
• Verify advisor registration details directly on the official SEBI website before acting on any investment advice

Company's Strategic Focus

Despite these unauthorized promotional activities, the company continues to focus on unlocking sustainable, long-term value for all stakeholders. Cupid Limited emphasized that disciplined investing, grounded in verified information, will always prevail over noise-driven speculation.

Contact Information for Clarifications

For any clarifications regarding this advisory, shareholders may contact Cupid Limited's Investor Relations team through the following channels:

About Cupid Limited

Established in 1993, Cupid Limited is India's premier manufacturer and brand of male and female condoms, water-based personal lubricants, IVD kits, deodorants, perfumes, almond hair oil, body oils, petroleum jelly and other FMCG products. The company operates with a strong commitment to public health and well-being, maintaining ethical business practices aligned with international standards.

In March 2024, the company completed a strategic land acquisition in Palava, Maharashtra, enabling it to amplify its production capacity. The annual production capacity will be augmented by approximately 770 million male condoms and 75 million female condoms. Cupid currently exports its products to over 125 countries and is the first company in the world to attain WHO/UNFPA pre-qualification for both male and female condoms.