Promoter Acquires Equity Shares in Cupid Ltd during Open Market Purchase
Aditya Kumar Halwasiya has acquired equity shares of Cupid Limited in an open market purchase, increasing his stake in the company. The acquisition transaction took place on Tuesday, June 2, 2026.The promoter entity conducted the share purchase through the open market mechanism. Details regarding the acquisition and prior holdings were recorded against the target company's total voting capital of Rs. 134,46,60,700.
As per the transaction details released for Cupid Limited, the specific acquisitions include:
| Category | Shares Acquired (Aditya Kumar Halwasiya) | Percentage Increase |
|---|---|---|
| Equity Shares | 2,600,000 | 0.19% |
This purchase was made against the backdrop of significant pre-acquisition holdings held by Mr. Halwasiya and other promoter groups. The shares acquired were noted to have a face value of Re. 1/- each.
Ownership Structure Before and After Acquisition
The following table details the shareholding structure for Aditya Kumar Halwasiya before and after the acquisition, as listed on both BSE Limited and National Stock Exchange Limited (NSE).| Holder/Entity | Type of Holding | Pre-acquisition Shares (Voting Capital) | Pre-acquisition Stake (%) | Post-acquisition Shares (Voting Capital) | Post-acquisition Stake (%) |
|---|---|---|---|---|---|
| Aditya Kumar Halwasiya | Equity Shares | 442,925,475 | 32.94% | 619,724,725 | 46.08% |
| Columbia Petro Chem Private Limited | Equity Shares | 174,199,250 | 12.95% | 174,199,250 | 12.93% |
The combined holding of Aditya Kumar Halwasiya and associated promoter groups stood at a total of 617,124,725 shares (45.89%) before the purchase. Following the open market acquisition, Mr. Halwasiya's cumulative holding increased to 619,724,725 shares, equating to a 46.08% stake in Cupid Limited.
The total diluted share or voting capital of Cupid Ltd after this transaction is noted as Rs. 134,70,00,000 divided into 134,70,00,000 Equity Shares of Re. 1/-.
CUPID Stock Price Movement
As of 10:57 AM, shares of Cupid Limited are trending upward in live trading, climbing 0.65% to trade at ₹129.19. The stock is experiencing strong volume as over 3.38 million shares change hands during the active session.Disclaimer: Due care and diligence have been taken in compiling and presenting news and market-related content. However, errors or omissions may arise despite such efforts.
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