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📋 Filing Types Available on ForgeUp Filings Sourced from BSE corporate announcements (equity segment). Companies covered are BSE-listed and most are also listed on NSE. We show only material filings.
Financial Results Orders Dividend Buyback Merger / Acquisition Board Meeting Outcome Fundraise (QIP / Rights / FPO) Regulatory / Court Order Credit Rating Change Promoter Pledge Update Management Change Joint Venture / MOU Delisting Bonus Shares Stock Split
Data sourced from BSE India corporate announcements. More categories will be added over time.
Cupid Ltd-$

Cupid Limited converts 56,00,000 warrants into Baazar Style Retail equity

FUNDRAISE ▲ Positive Development LOW RISK
📅 Filed on BSE: 11 Nov 2026, 06:39 PM IST  ·  BSE ID: ae67752c-edfe-4f7d-aded-3f3e82bebc91
View Original BSE Filing (PDF)
💡
In Simple Terms
Cupid Limited is converting more investment warrants into shares of another company, Baazar Style Retail.
🤖 AI Summary
  • Cupid Limited approved converting 56,00,000 Baazar Style Retail warrants into equity.
  • The conversion price is a predetermined ₹328.25 per equity share.
  • This follows an earlier conversion of 45,00,000 warrants by Cupid Limited.
  • The Board also noted unaudited financial results for Q2 FY27.
🔢 Key Numbers - exact figures from BSE filing, not rounded
Total Warrants Allotted
1,01,00,000
Total Warrants converted into Equity Shares
45,00,000
Total Warrants Outstanding for Conversion
56,00,000
Conversion Price per Warrant
₹328.25
🏢 How This Affects the Company
📈
Business Impact
This action represents the full conversion of the initial warrant investment in Baazar Style Retail Limited, impacting Cupid Limited's equity stake in the investee company.
💰
Financial Impact
The conversion of the remaining 56,00,000 warrants at ₹328.25 per share will finalize the equity investment in Baazar Style Retail, affecting Cupid Limited's asset composition. All 1,01,00,000 warrants originally allotted have now been either converted or are outstanding for conversion.
👥 What This Means For Shareholders
✅
Action Required
No action is required from shareholders regarding this board resolution.
👤
Who Is Affected
Shareholders are informed of the company's strategic investment conversion and the adoption of its Q2 FY27 financial results.
🔍
Management Signal
The decision signals management's intent to fully execute its investment strategy in Baazar Style Retail and adhere to financial reporting timelines.

For information only. Not investment advice. ForgeUp is not SEBI-registered.

👁 Watch List - track these upcoming events
Updated shareholding pattern reflecting warrant conversion.
Future performance reports from Baazar Style Retail.
Next quarterly financial results disclosure (Q3 FY27).
LOW RISK The filing details a completed board-approved conversion, with no immediate new risks identified.
💡 Investor Takeaway
Cupid Limited's Board approved the conversion of remaining 56,00,000 warrants in Baazar Style Retail at ₹328.25 per share, marking the completion of a prior investment commitment. Financial results for Q2 FY27 were also adopted.
⚖️ Strengths & Concerns

✅ Positives

  • Completion of conversion for 56,00,000 warrants at a fixed price of ₹328.25 per share.
  • Unaudited financial results for the quarter and half-year ended September 30, 2026, were adopted by the Board.
❓ Frequently Asked Questions
What did Cupid Limited's Board approve on November 11, 2026?
The Board approved the conversion of up to 56,00,000 outstanding warrants in Baazar Style Retail Limited into equity shares at ₹328.25 per share and adopted Q2 FY27 financial results.
How many warrants has Cupid Limited converted in total?
Cupid Limited has converted 45,00,000 warrants and approved the conversion of an additional 56,00,000 warrants, totaling 1,01,00,000 warrants allotted.
What is the conversion price for Cupid Limited's warrants in Baazar Style Retail?
The conversion price is ₹328.25 per equity share for all warrants converted or proposed for conversion.
What were Cupid Limited's financial results for the quarter ended September 30, 2026?
The Board adopted the un-audited standalone and consolidated financial results for the quarter and half-year ended September 30, 2026. Specific figures will be in the detailed results document.

Questions based on this BSE filing only. For information purposes.

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⚠️ For Information Only - Not Investment Advice
ForgeUp Filings provides AI-generated summaries of public BSE exchange announcements (equity segment) for informational purposes only. Nothing here constitutes investment advice or a recommendation to buy, sell, or hold any security. ForgeUp is not a SEBI-registered investment advisor. All financial numbers are sourced directly from BSE filings and shown as-is. Past data is historical only. Please consult a qualified financial advisor before making investment decisions. Data sourced from BSE India public disclosures.
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