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Cupid Breweries And Distilleries LtdImportant, 06-06-2026: Company Update

06-06-2026 | 10:56 am

Date: June 06, 2026

To,

Department of Corporate Services,

BSE Limited

P J Towers, Dalal Street,

Mumbai 400 001

SCRIP CODE: 512361

ISIN: INE108G01010

Subject: Disclosure under Regulation 30 of the SEBI (Listing Obligations and

Disclosure Requirements) Regulations, 2015 – Execution of Agreement for

Sale and Transfer

Dear Sir/Madam,

Pursuant to Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements)

Regulations, 2015 and further to our disclosure dated May 19, 2026 regarding the proposed

purchase of a operational alcobev unit situated at Gopalpur, Odisha, we wish to inform you

that the Company has entered into an Agreement for Sale and Transfer dated June 05, 2026

with United Spirits Limited, a Diageo Group company.

The Agreement has been executed for the proposed purchase of land, building, plant &

machinery along with premium excise licenses pertaining to the production unit situated at

Gopalpur, Odisha, for a total consideration of Rs. 22.50 Crores, exclusive of applicable

taxes, registration charges and stamp duty. Pursuant to the terms of the Agreement, the

Company has paid an advance of Rs. 1.00 Crore (inclusive of applicable TDS).

The proposed transaction represents a significant step in the Company's growth and

expansion strategy and envisages the acquisition of a large alco-beverage production unit

having an installed production capacity of approximately 2,50,000 cases per month. Upon

completion of the transaction, the Company expects to significantly strengthen its

manufacturing capabilities and establish a robust platform for future growth.

Kindly take the above information on record.

Thanking you,

For Cupid Breweries and Distilleries Limited

(Formerly known as Cupid Trades and Finance Limited)

Sachin Rawat

CFO & Company Secretary

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