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Cupid Breweries And Distilleries LtdBoard Meeting, 14-08-2025: Board Meeting

14-08-2025 | 11:03 pm

Cupid Breweries and Distilleries has announced a board meeting where it approved the financial results for the quarter ended June 30, 2025. The company is making progress on acquiring a sizable AlcoBev production facility in Odisha and optimizing its subsidiary, Crochet Industries, for value-added products. To support major capital expenditure for scaling production, the company is in discussions with strategic and institutional investors. Additionally, it deposited Rs. 1.00 Cr as Earnest Money for the acquisition of SDF Industries Limited. These strategic moves aim to expand its asset base and future growth.

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