CUPID : CONVERTS 30 LAKH BAAZAR STYLE WARRANTS AT RS 328.25/SHARE WORTH RS 9.85 CR

• Company completed conversion of 30,00,000 warrants of Baazar Style Retail into equivalent number of equity shares at predetermined price of ₹328.25 per share • Value of shares issued on conversion works out to about ₹9.85 Cr • Total warrants allotted stand at 1,01,00,000; 45,00,000 converted into equity shares and 56,00,000 still outstanding for conversion • Conversion follows prior board approval dated September 26, 2026 for conversion in one or more tranches

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