Cupid Breweries gets Sikkim government approval for its new brewing unitCupid Breweries gets Sikkim government approval for its new brewing unit

Introduction

Leading beverage manufacturer received government approval for a land lease in Sikkim to establish a brewing and beverage manufacturing unit, marking a key step in its planned expansion project.

Also Read: Highway Infrastructure Ltd jumps 10% after securing operations at key Kaza Fee Plaza on NH-16

Share price movement of Cupid Breweries

On December 11, 2025, Cupid Breweries and Distilleries Ltd opened at ₹54.23, down 4.99% from its previous close of ₹57.08. The stock reached a high and low of ₹54.23. By 12:03 PM, it traded at ₹54.23, a 4.99% decrease, with a market cap of ₹281.90 crore.

Cupid Breweries Gets Sikkim Land Approval

Cupid Breweries and Distilleries Limited has received government approval for a land lease in Sikkim. The approval, dated December 10, 2025, was granted by the Chief Minister of Sikkim.

The company will visit the District Collector’s office to complete formalities and proceed with its proposed brewing and beverage manufacturing unit. This marks a key step in its expansion plan.

Stock performance of Cupid Breweries for Period of 1 week, 6 months, and 1 year

Cupid Breweries and Distilleries Ltd delivered a -18.5% return over the past week, it declined by 30.5% in the past six months. The stock gained 66.1% over the past year.

Also Read: Poonawalla Fincorp jumps after its credit AI achieves full adoption in the personal loans business

Shareholding pattern of Cupid Breweries

Particulars	Sep 2025	Jun 2025	Mar 2025
Promoter	50.10%	50.10%	50.10%
FII	0.00%	0.00%	0.00%
DII	0.00%	0.00%	0.00%
Public	49.90%	49.90%	49.90%

About Cupid Breweries

Cupid Breweries & Distilleries Ltd (BSE: 512361), incorporated in 1985, operates in the brewery and distillery sector, expanding through land acquisition, raw material trading, and establishing its own manufacturing units for the Alcobev industry.

Stay Ahead with the Latest Stock Market Updates – Click Here

Disclaimer: The above article is written for educational purposes, and the companies’ data mentioned in the article may change with respect to time. The securities quoted are exemplary and are not recommendatory.

FAQs