Cupid Breweries And Distilleries Ltd — Important, 24-11-2025: Company Update

Cupid Breweries and Distilleries has published a Post Offer advertisement regarding its open offer. Acquirers Erramilli Venkatachalam Prasad and Rodrigues Bhagvandas Lily, along with a person acting in concert, had offered to acquire up to 960,000 equity shares at ₹71.80 per share, a potential maximum offer size of ₹6.89 Crore. However, only 17 shares were actually tendered and accepted during the offer period. Post-offer, the public shareholding stands at 49.92%, while the acquirers and PAC collectively hold 50.08% of the company, primarily due to a prior preferential share allotment.