Cupid seeks postal ballot approval for Odisha unit acquisition

Cupid Breweries and Distilleries Limited has announced a postal ballot notice to seek shareholder approval for the acquisition of a manufacturing unit in Odisha from United Spirits Limited for ₹22.50 crore. The notice also seeks approval for the appointment of Mr. Rohit Shetty as an Independent Director. Remote e-voting is scheduled from May 30, 2026, to June 28, 2026, with Ms. Neha Poddar appointed as the scrutinizer. For the financial year ended March 31, 2026, the company reported a consolidated net loss of ₹367.14 lakh, while standalone net loss improved to ₹40.52 lakh. $CUPID