Cupid Limited Issues Strong Advisory Against Unauthorised Multibagger Messages Under Regulation 30

2 min read     Updated on 18 Feb 2026, 08:20 PM
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Reviewed by
Suketu GScanX News Team
Overview

Cupid Limited issued a regulatory advisory warning against unauthorized promotional messages on SMS, WhatsApp and Telegram that misuse the company's name to promote fake "multibagger" investment opportunities. The company clarified these messages are completely false and unauthorized, believing third parties are exploiting Cupid's name for nefarious schemes. The company urged investors to rely only on official sources and SEBI-registered advisors while continuing to focus on sustainable long-term value creation for stakeholders.

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

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.

Issue Details: Information
Platforms Affected: SMS, WhatsApp, Telegram
Message Type: Fake "multibagger" promotions
Company Position: Completely unauthorized
Filing Date: February 18th, 2026

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:

Contact Method: Details
Email: info@kirinadvisors.com
Company Email: info@cupidlimited.com
Website: www.cupidlimited.com

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.

Historical Stock Returns for Cupid

1 Day5 Days1 Month6 Months1 Year5 Years
-1.54%-2.76%-7.76%+151.88%+506.64%+99.93%

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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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
-1.54%-2.76%-7.76%+151.88%+506.64%+99.93%

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1 Year Returns:+506.64%