Cupid Breweries And Distilleries Ltd

Cupid Breweries And Distilleries Ltd has announced the closure of its trading window for designated persons, effective October 01, 2026. This measure is in compliance with SEBI (Prohibition of Insider Trading) Regulations, 2015, and the company's internal code of conduct. The window will remain closed until 48 hours after the declaration of the company's unaudited financial results for the quarter and half-year ended September 30, 2026. The exact date for the board meeting to consider these results will be communicated separately. The company has informed its designated employees about this closure.

Cupid Breweries And Distilleries Ltd has filed its Annual Report for FY 2025-26 and the Notice for its 40th Annual General Meeting (AGM). The AGM is scheduled for September 30, 2026, at 12:00 noon IST, to be conducted via Video Conferencing (VC) or Other Audio-Visual Means (OAVM). Physical copies of the Annual Report will not be sent, adhering to recent Ministry of Corporate Affairs and SEBI circulars. The report has been dispatched electronically to members on September 8, 2026. A web-link for accessing the report is being sent to members who haven't registered their email IDs. The Annual Report and AGM Notice are also available on the company's website, www.cupidalcobev.com.

Cupid Breweries And Distilleries Ltd has issued a notice for its 40th Annual General Meeting (AGM) scheduled for Wednesday, September 30, 2026. The meeting will be conducted virtually through Video Conferencing (VC) or Other Audio Visual Means (OAVM). Key dates include a cut-off for e-voting on September 23, 2026, with e-voting commencing on September 27, 2026, and concluding on September 29, 2026. The AGM agenda includes the adoption of financial statements for the fiscal year ended March 31, 2026, the re-appointment of Mr. Erramilli Rishab as a director, and the appointment of Ms. Neha Poddar as Secretarial Auditor for a five-year term.

Cupid Breweries And Distilleries Ltd announced the outcome of its Board Meeting held on September 07, 2026. The board approved convening the 40th Annual General Meeting on September 30, 2026. Key decisions included the appointment of M/s. MMRS & Co. as Statutory Auditors for five years from FY27 to FY31, Ms. Neha Poddar as Secretarial Auditor for the same term, and re-appointment of M/s. R Narsihma and Associates as Internal Auditors for FY27. Additionally, Mr. Ninad Maruti Dhuri was re-appointed as an Independent Director for a second five-year term.

Cupid Breweries And Distilleries Ltd has entered into a non-binding Memorandum of Understanding (MoU) for technology and business collaboration. This partnership aims to enhance manufacturing processes, product quality, and operational stability. The collaboration is in connection with the company's commencement of commercial operations and aligns with applicable food safety and excise laws. Further updates will be provided as per regulatory requirements.

Cupid Breweries And Distilleries Ltd announced that its Board of Directors has approved the unaudited standalone and consolidated financial results for the quarter ended June 30, 2026. The board also authorized officials to explore advanced brewery technologies with Steinecker GmbH, Germany, and to execute agreements for fund-raising initiatives to support acquisitions and commercialization. Additionally, the board reviewed the progress of the proposed acquisition of the Gopalpur Unit from United Spirits Limited, noting that the process is advancing with government authorities.

Cupid Breweries reported a consolidated net loss of ₹0.85 Cr for Q1 FY-2027 (quarter ended June 30, 2026), nearly double the ₹0.38 Cr loss in the year-ago quarter. Total income remained negligible at ₹0.002 Cr with zero operational revenue; the company is entirely pre-commercial. Expenses of ₹0.854 Cr were driven primarily by finance costs (₹0.30 Cr), depreciation (₹0.12 Cr), and other operational scaling expenses (₹0.43 Cr). The loss did improve 32% sequentially from Q4 FY-2026's ₹1.26 Cr loss, suggesting cost containment traction. With no operational sales, negative EPS of ₹0.09, and ongoing acquisition of the Gopalpur unit from United Spirits Limited plus planned fundraising, the company remains in heavy investment/scaling mode.

Cupid Breweries And Distilleries Ltd has announced that its Board of Directors will convene on July 9, 2026. The primary agenda for this meeting is to consider, review, and approve the un-audited standalone and consolidated financial results for the quarter ended June 30, 2026. The meeting will also include the review of the Limited Review Report from the auditor as per SEBI Listing Regulations. Other ancillary matters will also be discussed. The company will make this information available on its website, www.cupidalcobev.com.

Cupid Breweries And Distilleries Ltd announced the appointment of Mr. Meharbaba Prasad Kalidasu and Mr. Soundara Pandian as Additional Independent Directors to its Board. The appointments are effective from July 02, 2026. Mr. Kalidasu brings over 38 years of banking experience, including leadership roles at State Bank of India in corporate and project finance. Mr. Pandian has over 43 years of experience in banking and corporate governance, having served in senior positions at Tamilnad Mercantile Bank and City Union Bank, and as a director on various listed boards since 2018. These appointments aim to strengthen the company's governance framework and provide strategic guidance.

Cupid Breweries And Distilleries Ltd announced the appointment of Mr. Meharbaba Prasad Kalidasu and Mr. Soundara Pandian as Additional Independent Directors. The appointments were approved at a Board Meeting held on July 02, 2026, effective immediately. Mr. Kalidasu brings over 38 years of banking experience, including leadership roles at State Bank of India in corporate and project finance. Mr. Pandian has over 43 years of experience in banking and corporate governance, having served in senior positions at Tamilnad Mercantile Bank and City Union Bank, and as a director on various listed boards since 2018. Both appointments are expected to enhance the company's governance framework and strategic guidance.