Bombay Burmah Trading Corporation has received approval for sale of land situated at Muppandal, Thovalai, Kanyakumari District, Tamil Nadu admeasuring around 40.37 acres along with 12 Windmills subject to necessary due diligence, approvals, consents, permissions from the concerned authorities, if any, to SAV Construction and Muthukumar Enterprises and their affiliates for a total consideration of Rs 50.12 crore.
Accordingly, the corporation intends to complete the aforesaid transaction which shall be subject to signing of definitive agreements between the parties. The Board of Directors of the company at its meeting held on December 30, 2024, has approved the same.
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.
