Cupid Breweries touches the roof on executing agreement with United Spirits

Cupid Breweries And Distilleries Ltd. | Breweries & Distilleries | FMCG | BSE: 512361 | NSE:

08 Jun 2026 Evaluate

Cupid Breweries And Distilleries is currently trading at its upper circuit limit of Rs. 26.64, up by 1.26 points or 4.96% from its previous closing of Rs. 25.38 on the BSE.

The scrip opened at Rs. 26.64 and has touched a high and low of Rs. 26.64 and Rs. 26.64 respectively. So far 30707 shares were traded on the counter.

The BSE group 'XT' stock of face value Rs. 10 has touched a 52 week high of Rs. 116.60 on 04-Jul-2025 and a 52 week low of Rs. 19.34 on 30-Mar-2026.

Last one week high and low of the scrip stood at Rs. 37.36 and Rs. 21.62 respectively. The current market cap of the company is Rs. 243.34 crore.

The promoters holding in the company stood at 54.00%, while Non-Institutions held 46.00% stake in the company.

Cupid Breweries and Distilleries has entered into an agreement for sale and transfer with United Spirits, a Diageo Group company, on June 05, 2026. The agreement has been executed for the proposed purchase of land, building, plant & machinery along with premium excise licenses pertaining to the production unit situated at Gopalpur, Odisha, for a total consideration of Rs 22.50 crore, exclusive of applicable taxes, registration charges and stamp duty. As per the terms of the agreement, the company has paid an advance of Rs 1.00 crore (inclusive of applicable TDS).

The proposed transaction represents a significant step in the company's growth and expansion strategy and envisages the acquisition of a large alco-beverage production unit having an installed production capacity of around 2,50,000 cases per month. Upon completion of the transaction, the company expects to significantly strengthen its manufacturing capabilities and establish a robust platform for future growth.

Earlier, the board of directors of the company, at its meeting held on May 18, 2026, inter-alia, had discussed, considered and approved the same.

Cupid Breweries and Distilleries (Formerly known as Cupid Trades and Finance) is a trading company that offers securities brokerage and commission services.

Cupid Brew.&Dist Share Price

26.64 1.26 (4.96%)

08-Jun-2026 16:01 View Price Chart

Peers

Company Name	CMP
United Spirits	1237.20
United Breweries	1315.95
Radico Khaitan	3479.90
India Glycols	976.45
Allied Blenders	567.40
View more..

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