
Corporate Action11 Nov 2026, 06:40 pm
Cupid Ltd: Converts 56 Lakh Warrants in Baazar Style Retail
AI Summary
Cupid Limited announced the conversion of 56,00,000 outstanding warrants into equity shares of Baazar Style Retail Limited. This conversion is part of the initial investment of 1,01,00,000 warrants approved by the board on January 21, 2026, at a price of ₹328.25 per warrant. Previously, 45,00,000 warrants had been converted. The company also noted its un-audited financial results for the quarter and half-year ended September 30, 2026, which were adopted by the Board of Directors. The statutory auditors, Chaturvedi Sohan & Co., have issued a Limited Review Report on these financial results.
Key Highlights
- Cupid Ltd converts 56,00,000 warrants into equity shares.
- Conversion price is ₹328.25 per equity share.
- Part of a larger 1,01,00,000 warrant investment in Baazar Style Retail.
- Board also adopted Q2 FY27 un-audited financial results.
- Limited Review Report issued by statutory auditors.
Price Impact
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