Cupid Breweries And Distilleries Ltd — Important, 06-06-2026: Company Update
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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