Cupid Limited Promoter Boosts Stake: Aditya Kumar Halwasiya Acquires 10 Lakh Shares
Aditya Kumar Halwasiya, Promoter, Chairman, and Managing Director of Cupid Limited, acquired 10,00,000 equity shares through open market transactions on September 12, 2025. This increased his personal shareholding from 29.93% to 30.30% of the total voting capital. The combined promoter group holding now stands at 43.28% of the total voting capital. Cupid Limited's equity share capital remains unchanged at Rs. 26,84,67,140.

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Cupid Limited , a prominent manufacturer and exporter of male condoms, female condoms, water-based lubricants, and In Vitro Diagnostics (IVD) Kits, has reported a significant change in its promoter shareholding. Aditya Kumar Halwasiya, the Promoter, Chairman, and Managing Director of Cupid Limited, has increased his stake in the company through a substantial share acquisition.
Key Highlights of the Transaction
- Acquisition Details: Aditya Kumar Halwasiya acquired 10,00,000 equity shares of Cupid Limited, each with a face value of Re. 1, through open market transactions on September 12, 2025.
- Shareholding Increase: Following this acquisition, Halwasiya's personal shareholding in the company rose from 80,355,582 shares (29.93%) to 81,355,582 shares (30.30%) of the total voting capital.
- Promoter Group Holding: The combined promoter group holding, which includes Columbia Petro Chem Private Limited's 34,839,850 shares (12.98%), now stands at 116,195,432 shares, representing 43.28% of the total voting capital.
- Company's Equity Share Capital: Cupid Limited's equity share capital remains unchanged at Rs. 26,84,67,140, divided into 26,84,67,140 equity shares of Re. 1 each.
Impact on Ownership Structure
The recent acquisition by Aditya Kumar Halwasiya has strengthened the promoter group's position in Cupid Limited. Here's a breakdown of the ownership structure post-acquisition:
Shareholder | Number of Shares | Percentage of Total Voting Capital |
---|---|---|
Aditya Kumar Halwasiya | 81,355,582 | 30.30% |
Columbia Petro Chem Private Limited | 34,839,850 | 12.98% |
Total Promoter Group Holding | 116,195,432 | 43.28% |
Regulatory Compliance
In compliance with Regulation 29(2) of the SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 2011, Cupid Limited has duly informed the stock exchanges about this change in shareholding.
This strategic move by the company's promoter could be seen as a sign of confidence in Cupid Limited's future prospects. However, as with any market movement, investors are advised to conduct their own research and consult financial advisors before making investment decisions.
Historical Stock Returns for Cupid
1 Day | 5 Days | 1 Month | 6 Months | 1 Year | 5 Years |
---|---|---|---|---|---|
+3.17% | +8.82% | +19.08% | +224.47% | +140.72% | +1,741.67% |