The Board of Directors of The Bombay Burmah Trading Corporation Limited met on February 13, 2026, to approve key corporate actions. The Board declared an Interim Dividend of 850% (Rs. 17/- per share) for FY 2025-26, setting the record date for February 20, 2026. Additionally, the Board approved the re-appointment of Mr. Ness N. Wadia as Managing Director for five years, effective from April 1, 2026, subject to shareholder approval.
Board Meeting Outcomes on February 13, 2026
The Board of Directors of The Bombay Burmah Trading Corporation Limited convened on February 13, 2026, and considered several significant business items, including the financial results and key governance decisions.
Unaudited Financial Results Approval
The Board reviewed and approved the Unaudited Financial Results (Standalone and Consolidated) for the third quarter and the nine months ended December 31, 2025. The final results and the Limited Review Reports have been submitted.
Declaration of Interim Dividend for FY 2025-26
The Board declared an Interim Dividend at the rate of 850%, translating to Rs. 17/- per Equity Share (face value of Re. 2/- each) for the financial year 2025-26. To determine eligibility for payment, the Board fixed Friday, February 20, 2026, as the ‘record date’.
Re-appointment of Managing Director
Based on the Nomination and Remuneration Committee’s recommendations, the Board approved the re-appointment of Mr. Ness N. Wadia (DIN: 00036049) as the Managing Director. This re-appointment is for a term of 5 years, effective from April 1, 2026, to March 31, 2031. This decision is contingent upon approval from the Members through a Postal Ballot/Extra-Ordinary General Meeting.
Profile of Mr. Ness N. Wadia
Mr. Wadia is highlighted as a third-generation industrialist of the Wadia Group, bringing over three decades of cross-sector leadership across textiles, real estate, FMCG, specialty chemicals, healthcare, education, and sports. He holds an M.Sc. in Engineering Management from the University of Warwick. He currently chairs National Peroxide Limited and Naperol Investments Limited and serves as a Director on boards of several Wadia Group companies, including Britannia Industries Limited.
Furthermore, Mr. Wadia is involved in social causes, serving on the Board of Wadia Hospitals and as a Trustee of the Sir Ness Wadia Foundation. He is also noted for his participation in global sports franchise ownership, being a co-owner of the Punjab Kings (IPL).
Director Relationships
Mr. Ness N. Wadia is related to Mr. Nusli N. Wadia (Father) and Mr. Jehangir N. Wadia (Brother) and is not related to any other Director or Key Managerial Personnel of the Corporation. He is not debarred from holding office by any regulatory authority.
Financial Highlights Summary (Standalone)
Key figures from the standalone results for the nine months ended December 31, 2025, showed Total Income of Rs. 352.20 crores, compared to Rs. 407.17 crores for the same period last year. Profit/(Loss) after tax was Rs. 128.37 crores, up from Rs. 91.76 crores in the previous corresponding nine-month period. Basic Earnings Per Share stood at Rs. 18.40 for the nine months ended December 31, 2025.
Financial Highlights Summary (Consolidated)
The consolidated results for the nine months ended December 31, 2025, reflected Total Income of Rs. 14,949.11 crores. The Group recorded a Profit after tax of Rs. 1,718.45 crores. Capital Employed stood at Rs. 8,839.24 crores.
Source: BSE
