Nowrosjee Wadia and Sons Limited has increased its shareholding in The Bombay Burmah Trading Corporation Limited by acquiring an additional 1.84% stake. This inter-se transfer, executed through a block deal on the stock exchange, raises the company’s total holding to 51.94%. The acquisition was completed on October 29, 2026, consolidating the promoter group’s control over the target company.
Increased Promoter Holding in Target Company
Nowrosjee Wadia and Sons Limited has successfully completed a significant transaction aimed at increasing its stake in The Bombay Burmah Trading Corporation Limited. The company announced the acquisition of an additional 12,81,356 equity shares, representing 1.84% of the total share capital. This move was executed via an inter-se transfer through a block deal on the stock exchange on October 29, 2026.
Consolidating Control
Following this acquisition, Nowrosjee Wadia and Sons Limited’s total holding in The Bombay Burmah Trading Corporation Limited has risen from 50.10% to 51.94%. This increase further solidifies the promoter group’s control over the company. The transaction involved shares carrying voting rights, and the details were disclosed in compliance with SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 2011. The total share capital of The Bombay Burmah Trading Corporation Limited remains unchanged at 6,97,71,900 equity shares both before and after the acquisition.
Source: BSE
