Cupid Breweries And Distilleries Ltd — Important, 02-04-2026: Company Update

Cupid Breweries and Distilleries Limited announced that Mr. Ajay Gandeja has resigned as an Independent Director due to his pre-occupancy, effective March 29, 2026. Consequently, he will no longer serve as the Chairman of the Audit Committee or a member of the Nomination and Remuneration Committee. This change impacts the company's board composition and the structure of its key oversight committees, which is important for shareholders monitoring corporate governance and board independence. Mr. Gandeja confirmed no other material reasons for his departure.