EL CID Investments Ltd — Updates, 28-07-2025: Company Update

Elcid Investments has announced an agreement to subscribe to Compulsory Convertible Preference Shares of Zepto Private Limited, a prominent quick-commerce platform known for its 10-minute grocery delivery service. This investment aligns with Elcid's normal course of business as an NBFC. The company intends to invest approximately ₹ 7.5 Cr. Zepto's total turnover for FY2025 was ₹ 11,109.95 Cr. Upon completion of this transaction, Elcid's shareholding in Zepto will be 0.039%. This move diversifies Elcid's investment portfolio into the rapidly expanding quick-commerce sector.