Cupid Ltd will consider a bonus issue of equity shares at its board meeting scheduled for January 29, alongside releasing financial results for the quarter ended December 2025. The announcement has generated significant investor interest, with the stock closing 8% higher at ₹424.50 on the NSE.

Bonus Issue Details

A bonus issue involves the distribution of free shares to eligible shareholders from the company's reserves. If approved by the board, Cupid will issue bonus shares at a predetermined ratio to existing shareholders. The company will announce the record date and ex-date for the bonus issue following board approval.

Company Profile and Recent Expansion

Founded in 1993, Cupid operates as India's leading manufacturer and brand in multiple categories including male and female contraceptives, water-based personal lubricants, IVD kits, deodorants, perfumes, almond hair oil, body oils, petroleum jelly, and other FMCG products.

As part of its strategic growth initiatives, the company has recently expanded into fast-moving consumer goods categories:

• Fragrance products: Eau De Perfumes, Deodorants, Pocket Perfumes
• Personal care items: Toilet Sanitizers, Hair & Body Oils, Hair Removal Sprays, Face Wash
• Wellness solutions: Various health and personal care products

International Expansion Plans

Cupid has approved plans to establish an FMCG manufacturing facility in Saudi Arabia, marking the company's first production unit outside India. This strategic move aims to support the company's FMCG growth strategy and strengthen its presence in overseas markets, with initial focus on the Gulf Cooperation Council (GCC) region.

Exceptional Stock Performance

The stock has delivered remarkable returns for investors, establishing itself as a multibagger performer in the Indian equity market.

The strong stock performance reflects investor confidence in the company's expansion strategy and growth prospects across domestic and international markets.

Cupid Limited, a manufacturer and exporter of male condoms, female condoms, water-based lubricants, and In Vitro Diagnostics (IVD) kits, has announced an important board meeting scheduled for January 29, 2026. The meeting will address key financial matters including quarterly results and a potential bonus shares proposal.

Board Meeting Agenda

The board meeting has been convened under Regulation 29 of SEBI (Listing Obligations and Disclosure Requirements), Regulations, 2015. The meeting will consider two significant matters for shareholders and investors.

Trading Window Restrictions

Cupid Limited has implemented trading window restrictions in compliance with regulatory requirements. The company notified that the trading window will remain closed for all designated persons, including directors and their immediate relatives, from January 1, 2026, until 48 hours after the financial results for the quarter ended December 31, 2025 are published.

This restriction was communicated through the company's earlier intimation dated December 26, 2025, ensuring compliance with insider trading regulations.

Company Profile

Cupid Limited operates from its factory and registered office located at A-68, M.I.D.C. (Malegaon), Sinnar, Nashik - 422113, Maharashtra, India. The company is incorporated under CIN No.: L25193MH1993PLC070846 and trades on both BSE (Scrip Code: 530843) and NSE (Scrip Code: CUPID).

The formal intimation was signed by Saurabh V. Karmase, Company Secretary and Compliance Officer, on January 9, 2026, and has been communicated to both BSE Limited and The National Stock Exchange of India Ltd for regulatory compliance.