Cupid Breweries And Distilleries Independent Director Resigns Over Governance Concerns

Mr. Sajid Bijnori, an Independent Director of Cupid Breweries And Distilleries Ltd, has resigned from his position effective from April 07, 2026. The resignation is due to concerns over lack of adequate internal controls and deviations from established governance processes. The decision comes after several months of unilateral functioning at the executive management level, leading to a monologue-driven decision-making environment and persistent deviations. The resignation letter was received on March 02, 2026, and the Board Meeting and Audit Committee Meeting were held on the same day at a short notice. Mr. Bijnori has confirmed that there are no other material reasons for his resignation other than those stated in the resignation letter.