Cupid Breweries and Distilleries Ltd receives approval from Government of Sikkim for land lease for proposed brewing manufacturing unit

Cupid Breweries and Distilleries Ltd ("the Company") has received a communication dated December, 10 2025 from the Commerce & Industries Department, Government of Sikkim, informing that the land lease for the Company's proposed brewing manufacturing unit has been duly approved by the Hon'ble Chief Minister, Government of Sikkim.

The letter further requests the Company to visit the Office of the District Collector to complete the required formalities and proceed with the next steps for operationalising the project.

This development marks a significant step in the Company's proposed expansion plan for setting up a brewing and beverage manufacturing facility in the State of Sikkim.

Shares of Cupid Breweries and Distilleries Limited was last trading in BSE at Rs. 57.08 as compared to the previous close of Rs. 60.08. The total number of shares traded during the day was 6685 in over 55 trades.

The stock hit an intraday high of Rs. 57.08 and intraday low of 57.08. The net turnover during the day was Rs. 381579.00.

Source : Equity Bulls

Keywords

CupidBreweriesandDistilleries INE108G01010 LandLease GovernmentofSikkim