CUPID

Cupid Limited announced the successful approval of the appointment of Mr. Bontha Prasada Rao as an Independent Director, via a postal ballot concluded on May 20, 2026. The resolution passed with an overwhelming 99.9921% votes in favor from the shareholders.

Cupid Limited announced the outcome of a Postal Ballot and E-voting, which concluded on May 20, 2026. The resolution passed was for the appointment of Mr. Bontha Prasada Rao (DIN - 01705080) as an Independent Director of the Company. The full voting results will be forwarded separately.

Cupid Limited reported strong Q4 FY26 consolidated financial results. Operating Income was ₹119.96Cr vs ₹56.48Cr (▲112% YoY), EBITDA was ₹37.52Cr vs ₹13.40Cr (▲180% YoY), and PAT was ₹36.26Cr vs ₹11.51Cr (▲215% YoY). The EBITDA Margin expanded to 31% from 24% (▲700bps). The company also surpassed its FY26 annual guidance and provided FY27 revenue target of ₹600 Cr and Net Profit target of ₹180 Cr.

Consolidated Revenue ₹119.96Cr vs ₹56.48Cr (▲112% YoY), EBITDA ₹46.33Cr vs ₹13.40Cr (▲246% YoY), PAT ₹36.26Cr vs ₹11.51Cr (▲215% YoY). EBITDA Margin 38.6% vs 23.7% (▲1490bps).

Cupid Limited received an administrative warning letter from SEBI on April 23, 2026, for non-disclosure of material information, specifically the cancellation of a preferential issue, violating Regulation 30(7) of LODR. SEBI viewed the non-compliance seriously.