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

Cupid Breweries and Distilleries Limited announced the resignation of Mr. Ajay Gandeja as an Independent Director, effective March 29, 2026. His departure is due to pre-occupancy, and he confirmed no other material reasons. Consequently, Mr. Gandeja also steps down as Chairman of the Audit Committee and a member of the Nomination and Remuneration Committee. This change impacts the company's board composition and key governance committees, necessitating the appointment of a new independent director to ensure continued oversight.