Cupid Limited Bonus Shares To Be Allotted Today; Shares Rise 2.95%

Mumbai, March 10: Cupid Limited shares traded higher on Tuesday, rising 2.95% to ₹94.30 as of 9:53 AM IST, as the company proceeds with the deemed allotment of its 4:1 bonus equity shares today, following the record date fixed earlier this week, according to the company’s regulatory disclosure dated March 2, 2026.

Bonus Issue Allotment Scheduled Today

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

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

Under the approved structure, shareholders are entitled to receive 4 fully paid-up bonus equity shares of ₹1 each for every 1 existing fully paid-up equity share of ₹1 held as of the record date.

According to the exchange filing, the company plans to issue 10,75,72,856 fully paid-up bonus equity shares under the corporate action.

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

Cupid Stock Market Snapshot

Cupid Limited shares remained firm in early trading as the market tracked the completion of the bonus issue process.

According to exchange data, the stock was trading at ₹94.30, up ₹2.70 or 2.95% as of 9:53 AM IST on March 10, 2026.

The stock opened at ₹94.05 and traded between a high of ₹95.85 and low of ₹92.30 during the morning session so far. The previous close stood at ₹91.60.

Market capitalisation was around ₹12.68K crore, while the stock traded at a price-to-earnings ratio of 30.63, based on exchange data.

Corporate actions such as bonus issues expand the equity base by increasing the number of outstanding shares, while the market price adjusts proportionately once the additional shares are credited to eligible shareholders.

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 across domestic markets and international procurement programmes, including government tenders and global health agencies involved in reproductive healthcare and sexual wellness distribution.

Its manufacturing facilities are designed to meet international quality and regulatory standards required for healthcare product exports.

Conclusion

With March 9, 2026, completed as the record date, Cupid Limited is executing the deemed allotment of its 4:1 bonus equity shares on March 10, 2026. Eligible shareholders holding the company’s equity shares as of the record date will receive the additional shares in accordance with the exchange filing and applicable SEBI regulations.

Source:

• https://nsearchives.nseindia.com/corporate/CUPID_02032026165927_Record_Date_and_Deemed_Allotment_Date_Intimation.pdf
• https://www.nseindia.com/get-quote/equity/CUPID/Cupid-Limited