512361 - Stock Market Circularshttps://rhnvrm.github.io/stock-market-circulars/tags/512361/Regulatory circulars from NSE, BSE, and SEBI with AI-powered summariesHugo -- gohugo.ioen-usWed, 15 Apr 2026 00:00:00 +0000Listing of New Securities of Cupid Breweries And Distilleries Ltd. (Preferential Allotment)https://rhnvrm.github.io/stock-market-circulars/circulars/bse/2026/bse-2026-04-15-c174f9e14dc8b097-listing-of-new-securities-of-cupid-breweries-and-distilleries-ltd/Wed, 15 Apr 2026 12:25:46 +0000https://rhnvrm.github.io/stock-market-circulars/circulars/bse/2026/bse-2026-04-15-c174f9e14dc8b097-listing-of-new-securities-of-cupid-breweries-and-distilleries-ltd/BSE lists 3,93,60,307 new equity shares of Cupid Breweries And Distilleries Ltd. (Scrip Code: 512361) issued on preferential basis at Rs. 90/- per share, effective April 16, 2026, with lock-in periods extending to October 2026 and October 2027.bselistingmediummediummediumc174f9e14dc8b097https://www.bseindia.com/downloads/UploadDocs/Notices/20260415-14/20260415-14.pdf512361listingnew-securitiespreferential-allotmentequitylock-incupid-breweries512361promoter-allotmentSummary

BSE has listed 3,93,60,307 new equity shares of Cupid Breweries And Distilleries Ltd. (Scrip Code: 512361, ISIN: INE108G01010) issued on a preferential basis to Promoters and Non-Promoters at an issue price of Rs. 90/- per share (face value Rs. 10/- + premium Rs. 80/-). These shares are permitted to trade on the Exchange effective Thursday, April 16, 2026.

Key Points

  • Total new shares listed: 3,93,60,307 equity shares of Rs. 10/- each
  • Issue price: Rs. 90/- per share (face value Rs. 10/- + premium Rs. 80/-)
  • Allotment type: Preferential basis to Promoters and Non-Promoters
  • Date of allotment: February 3, 2026
  • Trading effective from: April 16, 2026
  • Distribution numbers: 51983003 to 91343309
  • Ranking: Pari-passu with existing equity shares of the company
  • ISIN: INE108G01010

Regulatory Changes

No new regulatory changes introduced. This is a standard listing notification pursuant to a completed preferential allotment under applicable SEBI and BSE listing regulations.

Compliance Requirements

  • Trading members are informed that the new securities are listed and available for trading from April 16, 2026.
  • Lock-in restrictions apply to all newly listed shares; trading in lock-in shares is not permitted until respective lock-in expiry dates.
  • Lock-in tranche 1 (2,32,96,832 shares, Dist. Nos. 51983003–75279834): locked until October 31, 2027.
  • Lock-in tranche 2 (1,60,63,475 shares, Dist. Nos. 75279835–91343309): locked until October 31, 2026.

Important Dates

  • Date of allotment: February 3, 2026
  • Trading commencement: April 16, 2026
  • Lock-in expiry (Tranche 2): October 31, 2026 (1,60,63,475 shares)
  • Lock-in expiry (Tranche 1): October 31, 2027 (2,32,96,832 shares)

Impact Assessment

The listing of approximately 3.94 crore new equity shares represents a notable equity dilution for existing shareholders of Cupid Breweries And Distilleries Ltd. However, the impact on market liquidity is limited in the near term because all newly issued shares carry lock-in restrictions — the smaller tranche is locked until October 2026 and the larger tranche until October 2027. The preferential issue at Rs. 90/- signals promoter and select investor confidence at that price level. Traders should monitor the scrip (512361) for any price adjustment around the listing date reflecting the dilution effect.

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