Cupid Breweries & Distilleries Management Change
Cupid Breweries appointed two Independent Directors and re-appointed one, alongside appointing new Statutory and Secretarial auditors, restructuring key leadership and governance roles.
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Cupid Breweries appointed two Independent Directors and re-appointed one, alongside appointing new Statutory and Secretarial auditors, restructuring key leadership and governance roles.
Cupid Breweries and Distilleries announced the resignation of Statutory Auditor M/s. H Rajen & Co. The auditor cited management pressure and data accessibility issues for their departure.
Mr. Sajid Bijnori has resigned as an Independent Director of Cupid Breweries and Distilleries Ltd effective April 07, 2026. The resignation stems from concerns regarding inadequate internal controls and deviations from established governance processes. Consequently, he ceases to be the chairman of the Nomination and Remuneration Committee.
Mr. Arpit Shah has resigned as an Independent Director of Cupid Breweries and Distilleries Ltd effective April 06, 2026. The resignation is attributed to concerns over inadequate internal controls, governance deviations, and short-notice meetings. He also ceases to be a member of the Audit, Nomination, and Remuneration, and Stakeholders Relationship Committees.
Cupid Breweries And Distilleries Ltd announced the resignation of Independent Director Mr. Ajay Gandeja, effective March 29, 2026. The director cited pre-occupancy as the reason for stepping down, confirming no other material reasons exist. This filing serves as an additional disclosure following an initial announcement on April 02, 2026.