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Cupid Breweries and Distilleries informs about allotment of securities

12 Apr 2025 Evaluate

Pursuant to Regulation 30 (2) read with Schedule III of the Securities and Exchange Board of India (Listing Obligation and Disclosure Requirements) Regulations, 2015 (Listing Regulation), Cupid Breweries and Distilleries has informed that with reference to the approval of shareholders in their Extra Ordinary General Meeting held on March 04, 2025 regarding preferential allotment of equity shares and receipt of In-principle approval from BSE, the Board of Directors meetings held on Friday, April 11, 2025 has approved Allotment of 5,00,12,411 equity shares of Rs 10 /- at an issuance price of Rs. 60 (including premium of Rs 50/-) on the basis of consideration other than cash (i.e. swap of shares) to the shareholders of Crochet Industries (CIPL), in accordance with Chapter V of SEBI (Issuance of Capital and Disclosure Requirements) Regulations, 2018 and provisions of the Companies Act, 2013 and rules made thereunder (as per the list enclosed and marked in Annexure I).

Allotment of 10,10,591 equity shares of Rs 10 /- at an issuance price of Rs 60 (including premium of Rs 50/-) on the basis of consideration other than cash (i.e. conversion of unsecured Loan into Equity shares), in accordance with Chapter V of SEBI (Issuance of Capital and Disclosure Requirements) Regulations, 2018 and provisions of the Companies Act, 2013 and rules made thereunder (as per the list enclosed and marked in Annexure II). 

The above information is a part of company’s filings submitted to BSE. 

Cupid Brew.&Dist Share Price

35.65 -1.09 (-2.97%)
08-May-2026 16:59 View Price Chart
Peers
Company Name CMP
United Spirits 1281.10
United Breweries 1421.10
Radico Khaitan 3475.75
India Glycols 1152.65
Allied Blenders 591.65
View more..

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