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Bombay Burmah raises Rs 75 crore through NCDs

29 Sep 2020 Evaluate

Bombay Burmah Trading Corporation has raised Rs 75 crore through NCDs and its board has allotted 750 Senior, Secured, Rated, Listed, Redeemable Non-Convertible Debentures (NCDs) of the face value of Rs 10,00,000 each aggregating to Rs 75 crore on private placement basis. The said NCDs are proposed to be listed on Wholesale Debt Market Segment of BSE. The Debenture Issue Committee of the Board of Directors of the Corporation at its meeting held on September 28, 2020 has allotted the same.  

Bombay Burmah Trading Corporation is a diversified manufacturing and trad- ing company. The Company owns plantations of tea, coffee, cardamam, cocoa, rub- ber and palm oil in different countries like India, Thailand, Indonesia and Tan- zania.


Peers
Company Name CMP
SamvardhanaMotherson 164.40
Tube Investments 2605.00
Bosch 47800.00
UNO Minda 1240.00
Bombay Burmah Trdg. 1510.30
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