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

01-01-1970 | 12:00 am

Cupid Breweries and Distilleries Limited has experienced a notable shift in its shareholding. Sri Venkata Rajeswara Rao Samavedam acquired 1,05,71,277 new equity shares through a preferential allotment. This transaction increased their stake from 0.02% to 11.58%. Consequently, the company's total equity capital expanded from 51.98 Cr (5.19 Cr shares) to 91.34 Cr (9.13 Cr shares). This substantial acquisition by a non-promoter individual significantly impacts the company's capital base and ownership structure.

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