The Bombay Burmah Trading Corporation Limited has formally announced the resignation of Mr. Rajiv Arora from the position of Chief Operating Officer (COO). The cessation of his role is effective from the close of business hours on March 31, 2026. Mr. Arora cited personal and family reasons for his departure. The company has accepted the resignation and confirmed that the required disclosures were made in accordance with relevant compliance mandates.
Management Transition Announced
The Bombay Burmah Trading Corporation Limited formally disclosed a key managerial change via a communication dated March 31, 2026. Mr. Rajiv Arora, holding the designation of Chief Operating Officer (COO), has tendered his resignation from this role, which falls under the category of Senior Management Personnel.
Reason and Effective Date
The resignation letter submitted by Mr. Arora indicated that his decision was based on personal and family reasons. The cessation of his employment is set to occur at the close of business on March 31, 2026. In his communication to the Board, Mr. Arora expressed gratitude for the opportunity to work at BBTCL and requested that his notice period be waived to facilitate immediate relief.
Compliance Disclosure Summary
As per mandatory disclosure requirements, the following details concerning the change were provided:
- Name: Mr. Rajiv Arora
- Reason for Change: Resignation
- Date of Cessation: Closure of business hours on 31st March 2026
- Brief Profile & Relationships: Not Applicable
The disclosure was executed by Gandhali Upadhye, Company Secretary and Compliance Officer, ensuring timely submission to the stock exchanges.
Source: BSE