Bombay Burmah Trading Corporation is planning to raise upto Rs 50 crore through issuance of Fully paid, Rated, Secured, Unlisted, Redeemable, Non-Convertible Debentures (NCDs) for cash, at par, on private placement basis. A meeting of the Debenture Issue Committee of the Board of Directors of the Corporation is scheduled to be held on March 24, 2023, to consider the same.
Bombay Burmah Trading Corporation (BBTCL) 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.