Bombay Cycle & Motor Agency Ltd — Updates, 30-05-2025: Company Update

Bombay Cycle & Motor Agency Limited has announced a board meeting on the investment of up to INR 4 Crores in Aydi Restaurants India Private Limited, which operates the “Si Nonna’s” pizza chain with 12 outlets. The investment involves subscribing to 46,856 equity shares at a premium of Rs. 843.67 per share, expected to complete within six months. Post-transaction, the company will hold about 0.70% in Aydi, whose turnover grew from INR 263.38 lakhs in FY23 to INR 1,357.03 lakhs in FY24. This strategic investment expands Bombay Cycle’s portfolio into the food service sector.