The Bombay Burmah Trading Corporation Limited has disclosed a significant transaction involving the sale of shares by a promoter, Mr. Nusli Neville Wadia. The shares were transferred via a block deal to an existing promoter by way of an inter-se transfer. This transaction resulted in a reduction of Mr. Wadia’s holding from 10.00% to 7.37% of the total voting capital, impacting the promoter group’s ownership structure.
Shareholding Adjustment Within Promoter Group
In compliance with SEBI regulations, The Bombay Burmah Trading Corporation Limited has reported a substantial acquisition and disposal of shares concerning its promoter. Mr. Nusli Neville Wadia, identified as the seller, has divested 18,34,000 shares, representing 2.63% of the total voting capital. This transaction occurred on September 18, 2026.
Transaction Details and Impact
The shares were transferred through an inter-se transfer mechanism by way of a block deal on the stock exchange. Prior to this transaction, Mr. Wadia held 69,75,356 shares, accounting for 10.00% of the total voting capital. Following the disposal, his holding has reduced to 51,41,356 shares, which now represents 7.37% of the total voting capital. The total equity share capital and diluted share capital of the company remain unchanged at 6,97,71,900 Equity Shares.
Regulatory Compliance
This disclosure is made pursuant to Regulation 29(2) of the SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 2011, ensuring transparency in significant shareholding changes within the company’s promoter group. The transaction does not alter the overall promoter group’s holding percentage, as it was an inter-se transfer among existing promoters.
Source: BSE
