Cupid Limited has announced the acquisition of 4,80,000 equity shares by its promoter and Chairman and Managing Director, Mr. Aditya Kumar Halwasiya. This acquisition was made in compliance with Regulation 29(2) of the SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 2011, through an open market purchase.
Before this acquisition, Mr. Halwasiya held 442,445,475 shares, representing 32.90% of the company’s total share capital. With the acquisition of the additional 4,80,000 shares, his holding has increased to 442,925,475 shares, which now constitutes 32.94% of the total share capital.
The total holding of the promoter and promoter group, including Columbia Petro Chem Private Limited, has now risen to 617,124,725 shares, representing 45.89% of the total share capital. Columbia Petro Chem Private Limited holds 174,199,250 shares, accounting for 12.95% of the total share capital.
The acquisition was completed on March 30, 2026, and has resulted in a slight increase in the promoter group’s stake from 45.85% to 45.89% of the company’s total share capital. The total diluted share capital of Cupid Limited after the acquisition stands at ₹134,70,00,000, divided into 134,70,00,000 equity shares of Re. 1 each.
Disclaimer: This article is based on a regulatory filing submitted to the National Stock Exchange of India (NSE).