Cupid Limited 4:1 Bonus Issue Record Date Fixed As March 9, 2026; Shares Up 11.68%

Mumbai, March 9: Cupid Limited shares moved higher on March 9, 2026, rising 11.68% to ₹89.85 as of 9:45 AM IST, as the company’s 4:1 bonus issue record date falls today, bringing investor attention to the stock ahead of the allotment schedule confirmed in its regulatory disclosure dated March 2, 2026.

Record Date For 4:1 Bonus Equity Shares

Cupid Limited earlier informed BSE Limited and the National Stock Exchange of India Ltd. that it had received in-principle approvals under Regulation 28(1) of the SEBI (LODR) Regulations, 2015 for the proposed bonus equity shares.

The board fixed Monday, March 9, 2026 as the record date to determine eligible shareholders for the bonus issue.

Under the approved structure, the company will issue 4 fully paid-up bonus equity shares of ₹1 each for every 1 existing fully paid-up equity share of ₹1 held by shareholders as of the record date.

The company stated in its exchange filing that 10,75,72,856 bonus equity shares will be allotted under the corporate action.

In accordance with SEBI Circular SEBI/HO/CFD/PoD2/CIR/P/2024/122 dated September 16, 2024, the deemed date of allotment is scheduled for Tuesday, March 10, 2026, the next working day following the record date.

Snap Market Snapshot

Cupid Limited shares traded higher during the morning session as investors tracked the bonus issue timeline.

According to exchange data, the stock was trading at ₹89.85, up ₹9.40 or 11.68% as of 9:45 AM IST on March 9, 2026.

During the session so far, the stock opened at ₹82.00, touched a high of ₹92.90, and a low of ₹81.90. The previous close stood at ₹80.45.

Market capitalisation stood near ₹2.42K crore, while the stock traded at a price-to-earnings ratio of 29.17, based on available market data.

Corporate actions such as bonus issues typically increase the number of outstanding shares while proportionately adjusting the market price after the allotment process.

Company Background

Cupid Limited is engaged in the manufacturing and export of male condoms, female condoms, water-based lubricants, and in vitro diagnostic (IVD) kits.

The company supplies products to both domestic markets and international public health procurement programmes. Its operations include manufacturing facilities designed to meet regulatory standards for global healthcare supply chains.

Cupid has historically derived significant business from government tenders and international procurement agencies, particularly for sexual wellness and reproductive healthcare products.

Conclusion

With March 9, 2026 set as the record date, investors holding Cupid Limited shares on this date will become eligible for the 4:1 bonus equity issue. The company has scheduled  March 10, 2026 as the deemed date of allotment, following the regulatory approvals and exchange disclosures filed earlier this month.