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Bombay Burmah Trading Corporation’s arm acquires additional stake in National Peroxide

09 Jan 2023 Evaluate

Bombay Burmah Trading Corporation’s wholly owned step-down foreign subsidiary -- Baymanco Investments has acquired additional 8,60,000 (14.96%) shares in National Peroxide by way of Block Deal from the existing promoters by way of interse transfer of shares.

Pursuant to the said acquisition the Total Holding of the Corporation along with Baymanco has increased from 3.96% to 18.92%.

Bombay Burmah Trading Corporation is a multi-product and multi-divisional organisation with diverse business interests viz. plantations (tea and coffee), auto electric components, healthcare, real estate and weighing products.

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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