Investment15 Oct 2026, 07:00 pm
Cupid Ltd Completes Warrant Conversion in Baazar Style Retail
AI Summary
Cupid Limited has completed the conversion of 30,00,000 warrants into equity shares of Baazar Style Retail Limited at a price of ₹328.25 per share. This conversion represents a significant step in the company's investment in Baazar Style. Following this conversion, Cupid Limited holds 45,00,000 equity shares, with 56,00,000 warrants still outstanding for future conversion. The total number of warrants initially allotted was 1,01,00,000.
Key Highlights
- Cupid Ltd converted 30 lakh warrants into equity shares.
- Conversion price set at ₹328.25 per equity share.
- Total warrants converted to date: 45 lakh.
- Outstanding warrants for conversion: 56 lakh.
Price Impact
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