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, due to pre-occupancy. Consequently, he ceases to be the Chairman of the Audit Committee and a member of the Nomination and Remuneration Committee. Mr. Gandeja confirmed no other material reasons for his departure. This change impacts the company's board composition and key committee oversight, requiring the Board to find a suitable replacement to ensure robust corporate governance.