Description
NSE notifies listing and trading of bonus issue shares of Cupid Limited (CUPID) effective March 11, 2026, with record date of March 9, 2026 and allotment date of March 10, 2026.
Summary
NSE has notified the listing and trading of equity shares of Cupid Limited (Symbol: CUPID) pursuant to a bonus issue. The new shares will be admitted to dealings on the NSE Capital Market segment effective March 11, 2026, under ISIN INE509F01029.
Key Points
- Cupid Limited (CUPID) bonus issue shares to be listed on NSE Capital Market segment
- Total number of bonus shares allotted: 1,07,57,28,560 (approximately 1.076 billion shares)
- Distinctive number range: 268932141 to 1344660700
- ISIN: INE509F01029
- Trading identification remains by designated security code CUPID
Regulatory Changes
No new regulatory changes introduced. The listing is made in pursuance of Regulation 3.1.1 of the National Stock Exchange (Capital Market) Trading Regulations Part A.
Compliance Requirements
- Members must identify the security only by its designated code (CUPID) for trading on the system
- This circular is effective from March 11, 2026
Important Dates
- Record Date: March 9, 2026
- Deemed Date of Allotment: March 10, 2026
- Effective Date for Trading: March 11, 2026
Impact Assessment
The bonus issue results in a large addition of approximately 1.076 billion shares to the tradable float of Cupid Limited. Existing shareholders receive additional shares proportionally. Post-listing, the share price is expected to adjust downward in line with the bonus ratio. No impact on broader market operations; this is a standard corporate action affecting only CUPID shareholders and traders.
Impact Justification
Routine bonus issue listing notification affecting existing shareholders of Cupid Limited; significant share count addition but standard corporate action with no broad market impact.