BSECompany Update21 Aug 2026 · 21 Aug 2026, 12:32 am
Execution of Non Binding Memorandum of Understanding for technology and business collaboration relating to manufacturing processes, product quality and operational stability in connection ....
Cupid Breweries And Distilleries Ltd · 512361
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Cupid Breweries And Distilleries Ltd has entered into a non-binding Memorandum of Understanding (MoU) for technology and business collaboration with German entities to enhance manufacturing processes, product quality, and operational stability. The MoU is part of the company's efforts to finalize technologies for its operations, which are within the applicable regulatory framework.
Analysis Scores
Earnings Impact5/10
Growth Catalyst6/10
Governance Concern1/10
Regulatory Risk2/10
Balance Sheet Risk3/10
Liquidity Impact8/10
Market Sentiment5/10
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Cupid Breweries And Distilleries Ltd - 512361 - Disclosure Under Regulation 30 Of The SEBI (LODR) Regulations, 2015 - Execution Of Non Binding Memorandum Of Understanding
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Date: August 21, 2026
Department of Corporate Services,
BSE Limited
P J Towers, Dalal Street,
Mumbai 400 001
SCRIP CODE: 512361
ISIN: INE108G01010
Subject: Disclosure under Regulation 30 of the SEBI (Listing Obligations and
Disclosure Requirements) Regulations, 2015 – Execution of Non Binding
Memorandum of Understanding
Dear Sir/Madam,
With reference to the outcome of the Board Meeting held on July 09, 2026, we wish to
inform that the authorised officials of the Company are presently in Germany for business
meetings for finalising technologies for the Company’s operations.
In this regard, the Company has entered into a non-binding Memorandum of
Understanding (“MoU”) for technology and business collaboration relating to
manufacturing processes, product quality and operational scalability, in connection with
the Company’s commencement of commercial operations. These activities are within the
applicable regulatory framework with all applicable food safety & excise laws / regulations
/ measures.
The Company provides further updates as per applicable regulations.
This is for your information and record.
Thanking you,
For Cupid Breweries and Distilleries Limited
(Formerly known as Cupid Trades and Finance Limited)
Sachin Rawat
CFO & Company Secretary