PNN

Mumbai (Maharashtra) [India], March 3: Cupid Limited (BSE: 530843 | NSE: CUPID) has announced the issue and allotment of Bonus Equity Shares in the ratio of 4:1, rewarding its shareholders for their continued trust and support.

Also Read | Rumours of Cristiano Ronaldo Leaving Riyadh in a Plane to Madrid Go Viral; Fans React to Unconfirmed News.

The Company has fixed Monday, March 09, 2026 as the Record Date for determining the eligibility of shareholders entitled to receive the Bonus Equity Shares.

Under the approved bonus issue, eligible shareholders will receive:

Also Read | White-Collar Hiring in India Surges 12% in February 2026, IT Sector Recovers and AI Roles Skyrocket: Report.

- 4 (Four) new fully paid-up equity shares of ₹1 each

- For every 1 (One) existing fully paid-up equity share of ₹1 each

- Held as on the Record Date

The deemed date of allotment for the Bonus Shares shall be the next working day, Tuesday, March 10, 2026.

Pursuant to this allotment, the Company will issue 1,07,57,28,560 fully paid-up Bonus Equity Shares of ₹ 1 each to eligible shareholders.

This bonus issue reflects the Company's strong financial position and its commitment to enhancing long-term shareholder value.

(ADVERTORIAL DISCLAIMER: The above press release has been provided by PNN. ANI will not be responsible in any way for the content of the same.)

(The above story is verified and authored by ANI staff, ANI is South Asia's leading multimedia news agency with over 100 bureaus in India, South Asia and across the globe. ANI brings the latest news on Politics and Current Affairs in India & around the World, Sports, Health, Fitness, Entertainment, & News. The views appearing in the above post do not reflect the opinions of LatestLY)