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

Cupid Breweries and Distilleries Limited's promoter group, Rodrigues Bhagvandas Lily and Venkatachalam Prasad Erramilli, have boosted their combined stake to 54.00% from 50.08% via a preferential allotment. Each promoter acquired over 1.16 Cr new shares, bringing their individual holding to 27%. This move expanded the company's equity capital from ₹ 51.98 Cr to ₹ 91.34 Cr. This significant increase in promoter shareholding demonstrates strengthened commitment and confidence in the company's future.