Bombay Burmah Trading Corporation (BBTC) has issued Commercial Papers for an aggregate amount of Rs 50 crore on November 04, 2016 for 90 days with maturity on February 02, 2017. India Ratings & Research has granted rating of ‘A1 +’ for issue of Commercial Paper by the Corporation upto Rs 100 crore.
BBTC is a leading concern of the Wadia Group, a reputed Indian business house with interests in plantations, foods, textiles, chemicals, electronics and light engineering, health care and real estate. Bombay Burmah, Bombay Dyeing and Britannia are the mastheads of the Wadia Group.