Promoter Acquires Equity Shares of Cupid Limited in Open Market
Aditya Kumar Halwasiya, a promoter of Cupid Limited, acquired equity shares of the company through the open market, increasing his stake while maintaining significant holding levels for the promoter group.The acquisition was completed on Wednesday, June 3, 2026. Mr. Aditya Kumar Halwasiya acquired 2,100,000 equity shares of Cupid Limited, each having a face value of Re. 1/-.
Before the transaction, Aditya Kumar Halwasiya held 445,525,475 shares of the company, representing 33.13% of the shares carrying voting rights. The Promoter/Promoter Group entity, Columbia Petro Chem Private Limited, held 174,199,250 shares or 12.95%.
The details of the acquisition and existing holdings are presented below:
| Stakeholder | Shares Held (Pre-Acquisition) | Percentage Holding (Pre-Acquisition) |
|---|---|---|
| Aditya Kumar Halwasiya | 445,525,475 | 33.13% |
| Columbia Petro Chem Private Limited (Promoter Group) | 174,199,250 | 12.95% |
| Aditya Kumar Halwasiya Total | 619,724,725 | 46.08% |
After the acquisition of shares, Aditya Kumar Halwasiya's holding increased to 447,625,475 shares, which equates to 33.29%. The total post-acquisition holding for Aditya Kumar Halwasiya and the Promoter Group stands at 621,824,725 shares or 46.16%, as per calculations based on diluted share capital.
Transaction Summary:
| Metric | Detail |
|---|---|
| Date of Acquisition | June 3, 2026 |
| Mode of Acquisition | Market Purchase |
| Total Shares Acquired by Aditya Kumar Halwasiya | 2,100,000 shares |
CUPID Stock Price Movement
Cupid Limited shares closed today after edging higher, gaining 1.27% to settle at ₹129.80. The stock saw solid activity in the market, with 9.28 million shares traded during the 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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