NSEPress Release11 Jul 2026 · 11 Jul 2026, 02:48 pm
Press Release
Cupid Limited · CUPID
✦ AI Summary▲ PositiveExpansion
Cupid Limited has been reclassified from BSE Group 'B' to BSE Group 'A' by the Bombay Stock Exchange (BSE) due to its continued commitment to high standards of corporate governance, regulatory compliance, and disciplined business execution.
Analysis Scores
Earnings Impact2/10
Growth Catalyst6/10
Governance Concern1/10
Regulatory Risk1/10
Balance Sheet Risk1/10
Liquidity Impact8/10
Market Sentiment8/10
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Full Announcement
Cupid Limited has informed the Exchange regarding a press release dated July 11, 2026, titled "Cupid Limited Marks a Milestone with Inclusion in BSE's Group 'A' Companies".
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Date: 11th July, 2026
BSE Limited, The National Stock Exchange of India Ltd,
Phiroze Jeejeebhoy Towers, “Exchange Plaza”, 5th Floor,
Dalai Street, Bandra - Kurla Complex, Bandra (East),
Mumbai - 400 001 Mumbai - 400051
Scrip Code: 530843 Symbol: CUPID
Subject: Press Release – Cupid Limited Marks a Milestone with Inclusion in BSE's Group 'A'
Companies
Ref: Regulation 30 of the Securities and Exchange Board of India (Listing Obligations and Disclosure
Requirements) Regulations, 2015
Dear Sir / Ma’am,
With reference to the captioned subject, enclosed herewith the Press Release on Cupid Limited Marks
a Milestone with Inclusion in BSE's Group 'A' Companies.
This intimation is also being uploaded on the Company’s website at https://www.cupidlimited.com/
This is for your information and records.
Thanking you.
For Cupid Limited
Hardik Chandra
Company Secretary and Compliance Officer
Encl: As above
Cupid Limited Marks a Milestone with Inclusion in BSE's Group 'A'
Companies
Mumbai, 11th July, 2026 – Cupid Limited (Cupid, The Company), Bharat’s rapidly growing consumer wellness and
personal care company with a strong global healthcare franchise, is pleased to announce that its equity shares have
been reclassified from BSE Group ‘B’ to BSE Group ‘A’ by the Bombay Stock Exchange (BSE) pursuant to the
Exchange’s periodic review of listed companies.
The inclusion in BSE Group ‘A’ marks an important milestone in the Company’s journey as a listed enterprise and
reflects its continued commitment to high standards of corporate governance, regulatory compliance and
disciplined business execution.
Significance of Inclusion in BSE Group ‘A’
BSE Group ‘A’ comprises companies that satisfy the Exchange’s prescribed eligibility criteria and represents one of
the principal categories of listed securities on the Exchange.
The reclassification is expected to provide several advantages, including:
• Enhanced visibility among a broader universe of domestic and international market participants.
• Improved accessibility for institutional investors that actively participate in highly liquid listed securities.
• Continued trading under the normal rolling settlement mechanism, supporting efficient price discovery and
market liquidity.
• Reinforcement of the Company’s continued focus on governance, transparency and regulatory compliance.
Strengthening a Diversified Global Business
Cupid Limited has continued to strengthen its business through disciplined execution and strategic diversification.
Some of the Company’s key areas of progress include:
• A growing global institutional business with exports to more than 125 countries.
• Expansion of its branded consumer wellness portfolio alongside its established healthcare business.
• Continued investments in manufacturing capabilities and operational excellence.
• Ongoing product development across healthcare and wellness categories.
• A consistent focus on quality, compliance, innovation and sustainable value creation for stakeholders.
Commenting on the Development, Mr. Aditya Kumar Halwasiya, Chairman & Managing Director, Cupid
Limited, said "Our inclusion in BSE Group ‘A’ is an important milestone in Cupid Limited’s journey as a listed
company. We believe this recognition reflects the Company’s continued commitment to strong corporate
governance, regulatory compliance, operational discipline and creating a resilient business with a long-term
perspective.
Over the years, we have worked towards strengthening Cupid’s position as a global healthcare and consumer
wellness company while maintaining the highest standards of transparency and accountability. We remain
grateful to our shareholders, employees, customers, business partners and all stakeholders for their continued
trust and support, which has been instrumental in this achievement.”
About Cupid Limited
Established in 1993, CUPID Limited, Bharat’s premier manufacturer and brand of male and female condoms, water
based personal lubricants, IVD kits, deodorants, perfumes, almond hair oil, body oils, petroleum jelly and other FMCG
Products. The company operates with a strong commitment to public health and well- being, maintaining ethical
business practices aligned with international standards. In alignment with its strategic growth plans, the company
has recently expanded its product offerings to include Fast-Moving Consumer Goods (FMCG) such as fragrance
products (Eau De Parfums, Deodorants, Pocket Perfumes), personal care items (Toilet Sanitizers, Hair & Body Oils,
Hair Removal Sprays, Face Wash), and other wellness solutions. In March 2024, the company completed a strategic
land acquisition in Palava, Maharashtra, enabling it to amplify its production capacity by 1.5 times the existing
output. As a result, the annual production capacity will be augmented by approximately 770 million male condoms
and 75 million female condoms. The company has a prominent presence in international markets and is the first
company in the world to attain WHO / UNFPA pre-qualification for both male and female condoms. CUPID currently
exports its products to over 125 countries, with a substantial portion of its revenue generated from international
markets. Furthermore, CUPID has established long-term agreements with WHO / UNFPA & PFSCM. The company is
listed on BSE (BSE: 530843) and NSE (NSE: CUPID).
Disclaimer
Certain statements in this document that are not historical facts are forward looking statements. Such forward-
looking statements are subject to certain risks and uncertainties like government actions, local, political or
economic developments, technological risks, and many other factors that could cause actual results to differ
materially from those contemplated by the relevant forward-looking statements. The Company will not be in any way
responsible for any action taken based on such statements and undertakes no obligation to publicly update these
forward-looking statements to reflect subsequent events or circumstances.
For Further Information Please Contact Corporate Communication Advisor
Kirin Advisors Private Limited
Sunil Mudgal – Director
sunil@kirinadvisors.com
+91 98692 75849
www.kirinadvisors.com