Cupid Limited Promoter Acquires 6.46 Lakh Equity Shares Through Open Market Purchase

1 min read     Updated on 06 Feb 2026, 11:11 AM
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Reviewed by
Radhika SScanX News Team
Overview

Aditya Kumar Halwasiya, promoter of Cupid Limited, acquired 6,46,513 equity shares through open market purchase on February 5, 2026, increasing his shareholding from 32.58% to 32.82%. The combined promoter group holding now stands at 45.80% of the total share capital. The transaction was disclosed under SEBI regulations for substantial acquisition of shares.

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

Cupid Limited's promoter Aditya Kumar Halwasiya has acquired additional equity shares in the company through open market purchase, as disclosed in a regulatory filing dated February 5, 2026. The transaction demonstrates continued confidence by the promoter group in the company's prospects.

Transaction Details

The acquisition involved 6,46,513 equity shares of face value Re. 1 each, purchased through market operations on February 5, 2026. This represents 0.24% of the company's total share capital and diluted voting capital.

Parameter Details
Shares Acquired 6,46,513
Face Value Re. 1 per share
Acquisition Mode Market Purchase
Date of Purchase February 5, 2026
Percentage of Total Capital 0.24%

Shareholding Pattern Changes

Following the acquisition, Aditya Kumar Halwasiya's shareholding in Cupid Limited has increased from 87,45,55,582 shares to 88,10,20,95 shares. This translates to an increase in his ownership percentage from 32.58% to 32.82% of the total share capital.

Holding Period Number of Shares Percentage of Total Capital Percentage of Diluted Capital
Before Acquisition 87,45,55,582 32.58% 32.46%
After Acquisition 88,10,20,95 32.82% 32.70%

Promoter Group Holdings

The total promoter group holding, which includes Columbia Petro Chem Private Limited's stake of 34,83,98,50 shares (12.98%), has increased from 1,22,29,54,32 shares (45.56%) to 1,22,94,19,45 shares (45.80%) of the total share capital.

Entity Shareholding Percentage
Aditya Kumar Halwasiya 88,10,20,95 32.82%
Columbia Petro Chem Private Limited 34,83,98,50 12.98%
Total Promoter Group 1,22,94,19,45 45.80%

Company Capital Structure

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. The total diluted share capital stands at Rs. 26,94,00,000 divided into 26,94,00,000 equity shares, assuming full conversion of outstanding convertible securities.

Regulatory Compliance

The disclosure was made pursuant to Regulation 29(2) of SEBI (Substantial Acquisition of Shares & Takeovers) Regulations, 2011. The filing was submitted to both BSE Limited and The National Stock Exchange of India Limited, where Cupid Limited's shares are listed under scrip codes 530843 and CUPID respectively.

Historical Stock Returns for Cupid

1 Day5 Days1 Month6 Months1 Year5 Years
-1.08%+0.42%+1.12%+159.95%+513.48%+95.11%

Cupid Ltd: Santosh Desai Resigns As Independent Director

0 min read     Updated on 03 Feb 2026, 08:19 PM
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Reviewed by
Radhika SScanX News Team
Overview

Cupid Ltd has announced the resignation of Santosh Desai from his position as Independent Director, representing a change in the company's board composition. This corporate governance development affects the pharmaceutical company's leadership structure and independent oversight capabilities.

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

Cupid Ltd has announced a significant change in its board composition with the resignation of Santosh Desai from his position as Independent Director.

Board Leadership Change

The pharmaceutical company confirmed that Santosh Desai has stepped down from his role as Independent Director. This development represents a notable change in the company's governance structure.

Corporate Governance Impact

The resignation of an Independent Director typically requires companies to evaluate their board composition and consider the appointment of a replacement to maintain optimal governance standards. Independent Directors play a crucial role in providing objective oversight and strategic guidance to company management.

Company Profile

Cupid Ltd operates in the pharmaceutical sector and maintains its corporate governance through a structured board that includes independent directors alongside executive leadership.

Historical Stock Returns for Cupid

1 Day5 Days1 Month6 Months1 Year5 Years
-1.08%+0.42%+1.12%+159.95%+513.48%+95.11%

More News on Cupid

1 Year Returns:+513.48%