Cupid Limited (CUPID)
Cupid Limited is hereby informing BSE about conversion of upto 30,00,000 warrants, in or more tranches, of Baazar Style Retail Limited held by the Company
Conversion of up to 30,00,000 warrants of Baazar Style Retail Limited approved
- Warrants conversion at ₹328.25 per share in one or more tranches
- Total outstanding warrants before conversion: 86,00,000
- Approximate cash consideration: Rs 73.86 Crores
- Baazar Style operates 283 stores, expanding to 500 in 3 years
- Strategic move to strengthen Cupid's retail presence and FMCG distribution
Source: Original filing PDF
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🚨 CUPID — Quarterly Results
Revenue: ₹2,35,800 Cr (+12% YoY)
PAT: ₹19,200 Cr (+17% YoY)
EBITDA margin: 16.8%
Board declared ₹10/share dividend. Jio adds 8M subs.
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