Cupid Breweries And Distilleries Ltd — Important, 09-09-2025: Company Update

Cupid Breweries and Distilleries Limited's resolution plan for SDF Industries Limited, currently undergoing insolvency proceedings, has been approved by the Committee of Creditors. A Letter of Intent confirming this approval has been issued to Cupid Breweries. Additionally, the company received a refund of ₹1 Cr that was initially intended as an earnest money deposit. This marks a significant step towards Cupid Breweries' potential acquisition of SDF Industries, expanding its business footprint and asset base.