Promoter and Promoter Group of Cupid Limited Significantly Reduce Pledge / Encumbrance of Shares

Cupid Limited, (BSE - 530843, NSE - CUPID), - Cupid Limited ("Cupid"), a global provider of wellness and public-health products, announced a significant reduction in the pledge / encumbrance of equity shares by its Promoter and Promoter Group. The pledged shareholding has been reduced from 36.13% as on 30th September, 2025 to 20% as on date.

This meaningful reduction highlights the Company's improving financial strength and the Promoters' strong confidence in its long-term growth trajectory. The lower level of pledged shares is expected to further enhance investor confidence and reflects the Company's disciplined financial management.

Commenting on the development, Mr. Aditya Kumar Halwasiya, Chairman and Managing Director, Cupid Limited, said, "The reduction in promoter share pledge is a reflection of our strengthening balance sheet and sustained business momentum. It reinforces our commitment to maintaining financial prudence, transparency, and long-term value creation for our shareholders."

Cupid Limited continues to focus on sustainable growth, operational excellence, and delivering consistent value to all stakeholders.

Source : Equity Bulls

Keywords

Cupid PromoterGroup PledgeReduction