Cupid CMD Aditya Kumar Halwasiya Acquires Bulk Stake in Karnataka Bank

Aditya Kumar Halwasiya, Chairman and Managing Director of Cupid Ltd, acquired a bulk stake in Karnataka Bank on November 21, 2025, according to an official exchange filing. The private-sector lender, owned partly by Quant Mutual Fund, is currently undergoing a transformation program focused on strengthening asset quality and accelerating technology-driven improvements.. On the same day, Graviton Research Capital LLP executed a large transaction involving the sale of 24,32,291 shares at ₹187.44 each, followed by a repurchase of an equivalent quantity at ₹187.22 per share, as per NSE disclosures.