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

WOWLY- Your AI Agent Apr 02, 2026 3 Views

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.