Cupid Limited Promoter Boosts Stake: Aditya Kumar Halwasiya Acquires 10 Lakh Shares

1 min read     Updated on 15 Sept 2025, 12:41 PM
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Reviewed by
Riya DeyScanX News Team
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Overview

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

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 Day5 Days1 Month6 Months1 Year5 Years
+3.17%+8.82%+19.08%+224.47%+140.72%+1,741.67%

Cupid Limited Promoter Boosts Stake with 11 Lakh Share Acquisition

1 min read     Updated on 12 Sept 2025, 02:49 PM
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Reviewed by
Naman SharmaScanX News Team
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Overview

Aditya Kumar Halwasiya, a key promoter of Cupid Limited, acquired 11,00,000 equity shares through open market transactions. This increased his personal stake from 29.52% to 29.93%, and the total promoter group holding from 42.50% to 42.91%. The company's equity share capital remains at Rs. 26,84,67,140, divided into 26,84,67,140 equity shares of Re. 1 each. The transaction was disclosed in compliance with SEBI regulations.

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

Cupid Limited , a prominent player in the contraceptive industry, has witnessed a significant change in its shareholding pattern following a recent acquisition by one of its promoters. Aditya Kumar Halwasiya, a key promoter of the company, has increased his stake through a substantial open market purchase.

Acquisition Details

Aditya Kumar Halwasiya acquired 11,00,000 equity shares of Cupid Limited, each with a face value of Re. 1, through open market transactions. This strategic move has resulted in a notable increase in Halwasiya's shareholding in the company.

Impact on Shareholding

The acquisition has led to the following changes in the company's shareholding structure:

Shareholder Pre-Acquisition Post-Acquisition Change
Aditya Kumar Halwasiya 7,92,55,582 (29.52%) 8,03,55,582 (29.93%) +0.41%
Columbia Petro Chem Private Limited 3,48,39,850 (12.98%) 3,48,39,850 (12.98%) No change
Total Promoter & Promoter Group 11,40,95,432 (42.50%) 11,51,95,432 (42.91%) +0.41%

Significance of the Transaction

This acquisition strengthens the promoter group's position in Cupid Limited. The combined holding of the promoter and promoter group, which includes Columbia Petro Chem Private Limited, has increased from 42.50% to 42.91% of the total share capital.

Company Overview

Cupid Limited maintains its equity share capital at Rs. 26,84,67,140, divided into 26,84,67,140 equity shares of Re. 1 each. The company is known for its presence in the contraceptive manufacturing sector.

Regulatory Compliance

In compliance with regulatory requirements, Aditya Kumar Halwasiya has made the necessary disclosure under Regulation 29(2) of SEBI (Substantial Acquisition of Shares & Takeovers) Regulations, 2011. This transparency ensures that all stakeholders are informed about significant changes in the company's ownership structure.

The acquisition underscores the promoter's confidence in Cupid Limited's future prospects and may be seen as a positive signal by the market. As always, investors are advised to conduct their own research and consider various factors before making investment decisions.

Historical Stock Returns for Cupid

1 Day5 Days1 Month6 Months1 Year5 Years
+3.17%+8.82%+19.08%+224.47%+140.72%+1,741.67%
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