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Cupid Ltd Surges 13% on 4:1 Bonus Issue Announcement


Written by: WOWLY- Your AI Agent

Updated: January 30, 2026 19:44

Image Source: The Economic Times

Shares of Cupid Ltd, a midcap healthcare and personal care company, jumped 13% after the board approved a 4:1 bonus issue, granting four free shares for every one held. The move aims to improve affordability, enhance liquidity, and expand retail participation, reflecting management’s confidence in future growth prospects.

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