Bonus Share Alert: Aditya Halwasiya holding announces its biggest free share issue till date; Details here

Cupid Ltd. on Thursday announced a 4:1 bonus issue, marking the third bonus issue in the company’s history, alongside the release of its Q3 FY26 earnings, which management described as the strongest quarter ever.

Under the proposed bonus issue, eligible shareholders will receive four fully paid-up equity shares for every one share held, subject to shareholder and regulatory approvals. The record date will be announced in due course. Cupid had earlier announced a 1:1 bonus in 2024 and a 1:5 bonus in 2018.

The company said the decision followed a detailed review of its capital structure, growth trajectory and shareholder base. The bonus issue is aimed at improving stock affordability, broadening retail participation and enhancing trading liquidity, while also signalling management’s confidence in long-term growth prospects.

The company's promoter and CMD Aditya Kumar Halwasiya held a 32.58% stake in Cupid as of December 2025.  He said the bonus issue strikes a balance between rewarding shareholders and long-term value creation, reflecting confidence in the company’s next phase of scale and expansion.

Alongside the corporate action, Cupid reported a record Q3 FY26 performance, driven by steady demand and disciplined execution.

"Q3 FY26 is the strongest quarter in the Company’s history, driven by steady demand and disciplined execution," the company said in an earnings release.

The performance reflected strength across export-led B2B operations, a scaling domestic FMCG business, and improving traction in diagnostics. Cupid added that the operational momentum is expected to continue into FY27 and beyond.

The company will share the detailed bonus issue timetable after completing statutory and regulatory formalities.