Cupid Limited has announced the appointment of Mr. Bontha Prasada Rao as an Additional Non-Executive Independent Director, marking a significant addition to its board leadership. The appointment, effective February 25, 2026, was approved through a circular resolution based on the recommendation of the Nomination and Remuneration Committee.

Appointment Details

The board has appointed Mr. Bontha Prasada Rao (DIN No – 01705080) for a first term of five consecutive years, with his tenure extending until February 24, 2031. The appointment is subject to approval from shareholders and complies with Regulation 30 of the SEBI Listing Obligations and Disclosure Requirements Regulations, 2015.

Regulatory Compliance

Cupid Limited has confirmed that Mr. Rao meets all regulatory requirements for the directorial position. The company stated that he is not debarred from holding the office of Director by virtue of any SEBI order or other authority. Additionally, he is not disqualified from holding directorial positions under Section 164 of the Companies Act, 2013.

The appointment disclosure includes confirmation that Mr. Rao is not related to any other Director of the Company, ensuring independence in his role.

Professional Background

Mr. Bontha Prasada Rao brings extensive leadership experience to Cupid Limited's board. He previously served as Chairman and Managing Director of Bharat Heavy Electricals Limited (BHEL) until December 31, 2015. During his tenure at BHEL, a Maharatna enterprise, he led the company to surpass sales of Rs. 50,000 crores and helped secure the coveted Maharatna status from the Government of India.

His educational credentials include a Mechanical Engineering degree from Jawaharlal Nehru Technological University, Kakinada, and a Post Graduate degree in Industrial Engineering from NITIE, Mumbai. He was recognized with a two-year extension as CMD/BHEL by the Government of India, marking the first such extension in a PSU.

Current Directorships

Mr. Rao currently serves as an Independent Director on several prominent boards, including:

• TATA-Boeing Aerospace Ltd.
• Havells India
• Titagarh Rail Systems Limited
• Institute of Public Enterprises
• Steel Infra Solutions Company Ltd (SISCOL)
• Power Mech Projects Limited

He has also served on various government and institutional boards, including CSIR/Government of India, IIM Kashipur, and Central Depository Services Ltd (CDSL). His recognition includes the Engineering Excellence Award and an Honorary Doctorate from Jawaharlal Nehru Technological University, Kakinada.

Company Information

Cupid Limited operates as a manufacturer and exporter of male condoms, female condoms, water-based lubricants, and In Vitro Diagnostics (IVD) kits. The company is headquartered at A-68, M.I.D.C. (Malegaon), Sinnar, Nashik, Maharashtra, and trades on both BSE and NSE exchanges.

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.