Bombay Burmah Trading Corporation has received approval to raise Rs 50 crore through issuance of 500 Fully Paid, Rated Secured, Unlisted Non-Convertible Debentures (NCDs) of the face value of Rs 10,00,000 each for cash, at par; on private placement basis. Further, the Debenture Issue Committee meeting will be held on Tuesday, March 28, 2023 to consider the allotment.
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.
