Cupid Limited , a leading 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 face value Re. 1 each through open market transactions.
• Shareholding Increase: Following this acquisition, Halwasiya's personal shareholding in Cupid Limited increased from 82,355,582 shares (30.68%) to 83,355,582 shares (31.05%) 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 118,195,432 shares, representing 44.03% of the total voting capital.

Impact on Company Structure

The recent acquisition has led to a slight increase in the promoter's stake in Cupid Limited. Here's a breakdown of the changes:

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.

Regulatory Compliance

In compliance with Regulation 29(2) of the SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 2011, Mr. Aditya Kumar Halwasiya has duly disclosed the acquisition to the company. Cupid Limited has promptly informed the stock exchanges about this change in shareholding, demonstrating its commitment to transparency and regulatory adherence.

Aditya Kumar Halwasiya, the Promoter, Chairman, and Managing Director of Cupid Limited , has significantly increased his stake in the company through a series of open market transactions. On September 15, 2025, Halwasiya acquired 10,00,000 equity shares, each with a face value of Re. 1, strengthening his position in the company known for manufacturing and exporting male condoms, female condoms, water-based lubricants, and In vitro Diagnostics (IVD) Kits.

Shareholding Impact

The recent acquisition has notably altered the shareholding structure of Cupid Limited:

This strategic move by Halwasiya has increased his personal shareholding by 0.38 percentage points, while the overall promoter group holding has risen by 0.38 percentage points to 43.66% of the total voting capital.

Transaction Details

The acquisition was executed through open market transactions, demonstrating Halwasiya's confidence in the company's future prospects. The equity share capital of Cupid Limited remains unchanged at Rs. 26,84,67,140, divided into 26,84,67,140 equity shares of Re. 1 each.

Regulatory Compliance

In compliance with the Securities and Exchange Board of India (SEBI) regulations, specifically Regulation 29(2) of the SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 2011, Cupid Limited promptly disclosed this transaction to the stock exchanges on September 16, 2025.

Market Implications

This increased stake by the company's top executive could be viewed positively by the market, potentially signaling management's optimism about Cupid Limited's future performance and growth prospects. Investors and market analysts may interpret this move as a vote of confidence in the company's strategic direction and operational capabilities.

As Cupid Limited continues to strengthen its position in the healthcare and personal care products sector, stakeholders will be keenly watching for any further developments or strategic initiatives that may follow this significant insider share acquisition.