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Bombay Burmah Trading Corporation gets nod to raise Rs 50 crore through NCDs

22 Oct 2021 Evaluate

Bombay Burmah Trading Corporation has received an approval for the issuance of 500 Principal Protected -Senior, Secured, Listed, Rated, Market Linked Redeemable Non- Convertible Debentures (NCDs) of the face value of Rs 10,00,000 each aggregating to Rs 50 crore for cash, at par; on private placement basis. The Debenture Issue Committee of the Board of Directors of the Corporation has approved 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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