Investment30 May 2025, 07:55 pm
Bombay Cycle & Motor Agency to Invest INR 4 Crores in Aydi Restaurants India
AI Summary
Bombay Cycle & Motor Agency Ltd (BCMA) has announced an investment of up to INR 4 crores in Aydi Restaurants India Private Limited, which owns Pizza chain Restaurants under the Brand Name ‘Si Nonna’s - The Original Sourdough Pizza’. The investment will be made by subscribing to 46,856 equity shares of Rs. 10/- each at a premium of Rs. 843.67/- Per Share. The transaction is expected to be completed within 6 months.
Key Highlights
- Bombay Cycle & Motor Agency to invest INR 4 crores in Aydi Restaurants India
- Investment will be made by subscribing to 46,856 equity shares at a premium of Rs. 843.67/- Per Share
- The transaction is expected to be completed within 6 months
- Aydi Restaurants India is a Pizza chain with 12 Restaurants and a turnover of INR 1,357.03 lakhs for the financial year ending March 31, 2024
- Bombay Cycle & Motor Agency will own approximately 0.70% stake in Aydi Restaurants India post-transaction