Bombay Burmah Trading Corporation has raised Rs 50 crore through allotment of 500 Fully Paid Senior Secured Rated Unlisted Transferable Redeemable Non-Convertible Debentures (NCDs) of the face value of Rs 10,00,000 each for cash, at par on private placement basis. The Debenture Issue Committee of the Corporation has at its meeting held on March 28, 2023 approved 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.
