In a strategic pivot, Cupid Limited has officially announced the cessation of its investment plans in Tourism Finance Corporation of India Ltd. (TFCI), a move reflecting the company’s reevaluation of its growth strategy and alignment with long-term objectives. This decision marks a significant shift in Cupid Limited’s investment strategy, underscoring a focus on core business […]
Cupid Limited, a prominent player in healthcare products, has announced receiving significant orders from the Central Medical Services Society (CMSS) totaling Rs 16.23 crore for the supply of male condoms. These orders exemplify the company’s vital role in supporting the Government of India’s vision for public health and safe lifestyle practices. Background on CMSS and […]
Cupid Limited, a frontrunner in the personal health industry, has made a significant stride in its growth journey by acquiring a new land parcel in an Industrial Area near Mumbai. This strategic acquisition positions the company to significantly enhance its production capabilities in the global market. Amplifying Production Capacity The acquisition will enable Cupid Limited […]
Universal-Halwasiya Group and Family will acquire a significant 41.84% stake in Cupid Limited, a leading manufacturer and supplier of male and female condoms, lubricant jelly, and in vitro diagnostic test kits. The acquisition involved buying equity capital and voting rights from the promoters and management of Cupid Limited, pending regulatory approval. Acquisition Subject to Regulatory […]
Cupid Limited has secured an order from Medical Stores Department, Government of Tanzania for the supply of male condoms worth around INR 65.84 crores. Omprakash Garg — CMD of Cupid Limited said: “We are excited to receive this valuable order.”
Cupid Limited said that its previously announced contract from the Uttar Pradesh Medical Supplies Corporation Limited for supplying “COVID – 19 Antigen Based Rapid Test Kits” has been cancelled. The Nashik-based company said that the INR 10.5 crore worth contract has been scrapped because it could not deliver the supplies as per agreed delivery schedule […]
Cupid Limited said that it has bagged a purchase order from the Uttar Pradesh Medical Supplies Corporation Limited for delivering “COVID – 19 Antigen Based Rapid Test Kits” worth INR 10.5 crore. Omprakash Garg – CMD of Cupid Limited said: “We are excited to receive this repeat order to supply Test Kits.” Based in Nashik, […]