Cupid Breweries And Distilleries Ltd — Updates, 12-04-2025: Company Update

Cupid Breweries and Distilleries Ltd has announced a board meeting regarding the closure of physical share certificates for dematerialization for the quarter ended March 31, 2025. The Registrar and Share Transfer Agent, Satellite Corporate Services Pvt. Ltd, confirmed that no physical certificates were received for demat during this period. This update signifies the company's ongoing transition towards digital shareholding, enhancing operational efficiency and shareholder accessibility. For investors, this could present a potential risk if physical shares remain a preference, but overall, the move toward dematerialization is seen as a positive shift enhancing governance and operational integrity.