Bombay Burmah Trading Corporation (BBTC) has issued Commercial Paper for an aggregate amount of Rs 50 crore on January 23, 2018 for 59 days and having maturity date March 23, 2018. India Ratings & Research has granted rating of ‘A1+’ for issuance of Commercial Paper by the Corporation.
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.