Cupid Limited has received a disclosure under Regulation 29(2) of the SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 2011, according to a filing dated September 15, 2025.
The disclosure was received from Mr. Aditya Kumar Halwasiya, Promoter and Chairman and Managing Director of the Company.
The disclosure pertains to the acquisition of 1,000,000 equity shares of Cupid Limited, each with a face value of Re. 1, in the open market.
Details of Acquisition
| Particulars | Before Acquisition | Acquired | After Acquisition | % w.r.t Total Capital Before Acquisition | % w.r.t Total Capital Acquired | % w.r.t Total Capital After Acquisition |
|---|---|---|---|---|---|---|
| Shares carrying voting rights - Aditya Kumar Halwasiya | 80355582 | 1000000 | 81355582 | 29.93% | 0.37% | 30.30% |
| Shares carrying voting rights - Columbia Petro Chem Private Limited | 34839850 | 0 | 34839850 | 12.98% | 0.00% | 12.98% |
| Total Shares Carrying Voting Rights | 115195432 | 1000000 | 116195432 | 42.91% | 0.37% | 43.28% |
Share Capital Details
| Particulars | Details |
|---|---|
| Equity Share Capital/ total voting capital of the target company before the said acquisition/sale | Rs. 26,84,67,140 divided into 26,84,67,140 Equity Shares of Re. 1/- |
| Equity Share Capital/ total voting capital of the target company after the said acquisition/sale | Rs. 26,84,67,140 divided into 26,84,67,140 Equity Shares of Re. 1/- |
| Total diluted share/ voting capital of the TC after the said acquisition/sale. | Rs. 31,34,00,000 divided into 31,34,00,000 Equity Shares of Re. 1/- |
Following the acquisition, the total shares carrying voting rights for Aditya Kumar Halwasiya increased to 81,355,582, representing 30.30% of the total share capital. The total shares carrying voting rights for Columbia Petro Chem Private Limited remain unchanged at 34,839,850, representing 12.98% of the total share capital.
The acquisition was executed through market purchase on Friday, September 12, 2025.
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