Acquisitions5 Mar 2026, 09:47 am
Sri Venkata Rajeswara Rao Samavedam Acquires 11.57% Stake in Cupid Breweries and Distilleries Ltd
AI Summary
Sri Venkata Rajeswara Rao Samavedam has acquired 11,05,71,277 shares, which is 11.57% of Cupid Breweries and Distilleries Ltd (formerly known as Cupid Trades and Finance Limited). This acquisition was made through a preferential allotment. The acquired shares will rank pari-passu with the existing shares in all respects, including dividends. The total equity share capital of the company after the acquisition is 9,13,43,309, and the total voting capital is also the same.
Key Highlights
- Sri Venkata Rajeswara Rao Samavedam acquires 11.57% stake in Cupid Breweries and Distilleries Ltd
- The acquisition was made through a preferential allotment
- The acquired shares will rank pari-passu with the existing shares
- The total equity share capital of the company after the acquisition is 9,13,43,309
- The total voting capital is also the same after the acquisition