Cupid Breweries And Distilleries Ltd — Insider Trade, 01-01-1970: Insider Trading / SAST

Siva Nageswara Rao Doradla has acquired 36,35,200 equity shares (6.99% of total voting capital) in Cupid Breweries and Distilleries Limited through a preferential allotment. Post-acquisition, his total shareholding stands at 36,35,200 shares, aligning with the company’s expanded equity base, now totaling 5,19,83,002 shares. This acquisition enhances investor confidence, indicating a positive outlook for the company’s governance structure. The strategic move may be viewed as an effort to strengthen engagement with operational management as the company continues its trajectory in the brewing and distillation sector.