Cupid Breweries And Distilleries Ltd — Insider Trading, 01-01-1970: Insider Trading / SAST

Cupid Breweries and Distilleries Limited reports that Sri Venkata Rajeswara Rao Samavedam, a non-promoter, has significantly increased his stake by acquiring 1.05 crore shares through a preferential allotment. His holding in the company has grown from 0.02% to 11.58%. This transaction expanded the company's equity share capital from ₹51.98 crore to ₹91.34 crore. This development introduces a new substantial shareholder and alters the company's capital structure, which is relevant for all investors.