Bombay Cycle & Motor Agency Limited announced that on basis of recommendation of the Nomination and Remuneration Committee, the Board of Directors of the Company have on May 16, 2024, approved the appointment of Mr. Manish Modi as the Additional Non-Executive Independent Director of the Company with effect from May 16, 2024. Mr. Manish Modi is a Chartered Accountant, a Company Secretary and has Diploma in Systems Audit. He has also done Professional Services Course from Harvard Business School.

He is a Key Managerial Personnel of various organaisations and having more than 25 years of experience in this profession. He has extensive knowledge of Management, Fund Raising, Companies Act, & Audit. He has handled various assignments relating to Corporate Restructuring, Fund Raising, Cross-Border Taxation & Business Strategy.