Nowrosjee Wadia and Sons Limited has acquired an additional 2.62% stake in The Bombay Burmah Trading Corporation Limited through a block deal. This transaction, which took place on September 18, 2026, involved 18,34,000 equity shares. Following this acquisition, Nowrosjee Wadia and Sons Limited’s total holding in the target company has increased to 44.57%.
Increased Stake in Bombay Burmah Trading Corp
Nowrosjee Wadia and Sons Limited announced today the acquisition of a significant block of shares in The Bombay Burmah Trading Corporation Limited. The transaction involved the purchase of 18,34,000 equity shares, representing 2.62% of the total voting capital. This acquisition was executed via a block deal, indicating a substantial inter-se transfer from an existing promoter.
Acquisition Details and Holding Post-Transaction
The acquisition took place on September 18, 2026. Prior to this transaction, Nowrosjee Wadia and Sons Limited held 41.95% of the voting rights in The Bombay Burmah Trading Corporation Limited. Post-acquisition, their total holding has risen to 3,10,99,826 shares, which amounts to 44.57% of the total equity share capital and voting capital. The company confirmed that there were no shares encumbered, nor any other instruments that would alter this holding.
Disclosure Compliance
This disclosure is made in compliance with Regulation 29(2) of the SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 2011. The total equity share capital of The Bombay Burmah Trading Corporation Limited remains unchanged at 6,97,71,900 equity shares before and after the acquisition.
Source: BSE