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Bombay Cycle & Motor Agency acquires 50% stake in Walchand Sun Advanced Composites

01 Apr 2022 Evaluate

Bombay Cycle & Motor Agency has made investment of Rs 4.5 crore and acquired 50% stake in the total paid-up equity share capital of Walchand Sun Advanced Composites (WSACPL). The company has acquired 45,00,000 equity shares representing 50% of the total paid up equity capital of WSACPL.

Bombay Cycle & Motor Agency is engaged in business activities such as automobile sales and service, and hospitality.

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