Cupid is hereby informing BSE about Conversion of upto total outstanding 56,00,000 Warrants in one or more tranches into…
Cupid (CUPID) said it is hereby informing BSE about Conversion of upto total outstanding 56,00,000 Warrants in one or more tranches into equivalent number of Equity Shares of Baazar Style Retail Limited. The company is valued at about ₹46,102 crore.
What happened
In a filing with the BSE on 11 November 2026 at 06:39 PM, Cupid (CUPID) said that it is hereby informing BSE about Conversion of upto total outstanding 56,00,000 Warrants in one or more tranches into equivalent number of Equity Shares of Baazar Style Retail Limited.
Company snapshot
Cupid is a mid-cap company in the Fast Moving Consumer Goods sector, with a market value of about ₹46,102 crore.
The stock last traded at ₹342.9, against a 52-week range of ₹50.1–₹369 (7.1% below the high).
Before this filing the shares had moved −3.9% over the month and +23.9% over three months. Average daily turnover over the last 20 sessions was about ₹448 crore.
Promoters held 46.24% at the end of Q1 FY27, up 0.21% points from the previous quarter; 8.03% of promoter shares were pledged. Foreign institutions owned 4.17% and domestic institutions 0.34%.
| Quarter | Revenue | Net profit | EPS (₹) |
|---|---|---|---|
| Q1 FY26 | 60 | 15 | 0.56 |
| Q2 FY26 | 84 | 23.9 | 0.9 |
| Q3 FY26 | 93 | 32.8 | 1.22 |
| Q4 FY26 | 120 | 36.3 | 0.27 |
| Q1 FY27 | 155 | 44.1 | 0.33 |
What history shows
BCEIE's records show 5 previous m&a filings from the company since May 2026.
After those filings, the stock gained 2.3% on average the next trading day and was up 9.7% on average after five days (4 filings with price data).
Across 88 similar disclosures by other Fast Moving Consumer Goods companies, shares moved 0.0% on average the next day and +0.3% over five days; 44% of them rose the next day.
Market-wide, 2,435 m&a filings with an impact score of 50 or more saw an average next-day move of +0.4%, with 50% rising.
Past reactions describe what happened before; they are not a forecast.
| Date | Filing | Next day | 5 days |
|---|---|---|---|
| 26 Sept 2026 | Conversion of upto 30,00,000Warrants, in or more tranches, of Baazar… | +6.7% | +14.9% |
| 25 Sept 2026 | Disclosure under Regulation 29(2) of SEBI (Substantial Acquisition… | +6.7% | +14.9% |
| 23 Sept 2026 | Disclosure under Regulation 29(2) of SEBI (Substantial Acquisition… | −1.4% | — |
| 28 Aug 2026 | M&A | −2.6% | −0.5% |
What to watch
- Regulatory approvals, completion of the deal and its effect on revenue and margins.
- 11 November 2026: Board meeting — Financial Results.
In the news
Recent coverage elsewhere (links open the original publisher):
- Q2 Results, Nov 11: Tata Power, Cupid, Hindustan Copper, Garden Reach Shipbuilders, Lalithaa Jewellery, Triveni Turbine, others to post earnings
- Cupid Limited Publishes Audited FY26 Financial Results in Newspapers
- Cupid Limited (CUPID.NS) Seasonal returns chart
- Cupid Limited Targets ₹400 Crore From V2 Retail Partnership
- Cupid shares rise 2% on retail partnership deal with V2 Retail; check details
Source
Automatically written from the exchange filing and BCEIE data. Not investment advice. Check the original filing before acting on it.