Cupid Breweries And Distilleries Ltd — Updates, 18-06-2025: Company Update

Cupid Breweries and Distilleries has announced a board meeting approving the reappointment of Mr. Sajid Bijnori and Mr. Ajay Gandeja as Independent Directors following the expiry of their previous terms. Both bring extensive expertise in regulatory compliance, financial management, and business strategy. To strengthen its financial position and boost revenue, the company plans to enter Alcobev manufacturing by engaging contract bottlers and acquiring assets of Martin Judds Microbreweries, where it holds a 10% stake. This move aligns with the company’s strategy to expand into beverage production and licensing.