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Established in 1993, CUPID Limited is India's premier manufacturer of male and female condoms, personal lubricant, and IVD kits.
Cupid Limited is initiating the transfer of equity shares and unclaimed 2019-20 interim dividends to the IEPF account for shareholders who have not claimed payouts for seven consecutive years. Shareholders must claim dues to avoid share transfer.
Cupid's promoter, Aditya Kumar Halwasiya, acquired 8,60,688 equity shares from the open market. This increases his individual stake to 33.69% and the overall promoter group holding to 46.64%.
Cupid Limited has informed shareholders about its upcoming 33rd Annual General Meeting (AGM). The Annual Report for FY2025-26 and AGM details are available on the company website. Members are encouraged to update email IDs and dematerialize shares.
Cupid's Board greenlit a South African manufacturing JV for condoms. Cupid gets up to 49% stake, providing expertise in an asset-light model. Local partner funds CapEx. This move strengthens market presence & opens doors for wider African expansion.
Cupid Ltd. received in-principle approval for a South African manufacturing venture, holding up to 49%. It will provide technical expertise; the local partner will manage funding. This targets South Africa's demand for domestic production and value addition.