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.