Cupid Breweries And Distilleries Ltd — Important, 01-01-1970: Company Update

An open offer by Erramilli Venkatachalam Prasad, Rodrigues Bhagvandas Lily, and Erramilli Rishab for Cupid Breweries and Distilleries Limited has concluded. The offer aimed to acquire up to 9.60 lakh public shares at ₹71.80 each, with a proposed value of ₹6.89 Cr. However, only 17 shares were tendered and accepted, totaling ₹1,220.60. The acquirers already hold 2.60 Cr shares (50.08%) from a prior preferential issue. Their post-offer combined stake remains 50.08%, with public shareholding at 49.92%.