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HomeNewsBusinessMarketsCupid Shares Surge as Aditya Halwasiya Increases Stake to 30.68%

Cupid Shares Surge as Aditya Halwasiya Increases Stake to 30.68%

Cupid Shares Surge as Aditya Halwasiya Increases Stake to 30.68%

September 16, 2025 / 14:55 IST
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    Cupid Limited's shares experienced a boost today following the acquisition of additional shares by Mr. Aditya Kumar Halwasiya, the Promoter, Chairman, and Managing Director of the company. According to the disclosure under Regulation 29(2) of the SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 2011, Mr. Halwasiya acquired 1,000,000 equity shares through a market purchase on September 15, 2025.

    The shares were acquired at a price of ₹26.84 Crores, divided into 26,846,7140 Equity Shares of Re. 1/- each.

    Pre-Acquisition Shareholding

    Before the acquisition, Mr. Halwasiya held 81,355,582 shares, representing 30.30% of the company's total share/voting capital, and 25.96% of the total diluted share/voting capital. The total holding of the promoter group, including Columbia Petro Chem Private Limited, was 116,195,432 shares, amounting to 43.28% of the total share/voting capital and 37.08% of the diluted share/voting capital.

     

    Shareholding Pattern Before Acquisition
    ShareholderNumber of Shares% of Total Share/Voting Capital% of Diluted Share/Voting Capital
    Aditya Kumar Halwasiya8135558230.30%25.96%
    Columbia Petro Chem Private Limited3483985012.98%11.12%
    Total Promoter Group11619543243.28%37.08%

     

    Post-Acquisition Shareholding

    Following the acquisition of 1,000,000 shares, Mr. Halwasiya’s holding increased to 82,355,582 shares, which is 30.68% of the total share/voting capital and 26.28% of the diluted share/voting capital. The total promoter group now holds 117,195,432 shares, representing 43.66% of the total share/voting capital and 37.40% of the diluted share/voting capital.

     

    Shareholding Pattern After Acquisition
    ShareholderNumber of Shares% of Total Share/Voting Capital% of Diluted Share/Voting Capital
    Aditya Kumar Halwasiya8235558230.68%26.28%
    Columbia Petro Chem Private Limited3483985012.98%11.12%
    Total Promoter Group11719543243.66%37.40%

     

    The equity share capital/ total voting capital of the target company before and after the said acquisition/sale is ₹26.84 Crores divided into 26,84,67,140 Equity Shares of Re. 1/-.

    The total diluted share/ voting capital of the TC after the said acquisition/sale is ₹31.34 Crores divided into 31,34,00,000 Equity Shares of Re. 1/-.

    The disclosure was signed by Mr. Aditya Kumar Halwasiya on Tuesday, September 16, 2025.

    Alpha Desk
    first published: Sep 16, 2025 02:55 pm

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