Nusli N. Wadia, a promoter of The Bombay Burmah Trading Corporation Limited, has disclosed the sale of 22,45,000 equity shares, representing 3.22% of the company’s total voting capital. The transaction occurred on October 19, 2026, via an inter-se transfer through a block deal on the stock exchange. Following this sale, Mr. Wadia’s holding has reduced to 12,86,356 shares, or 1.84% of the total voting rights.
Promoter Stake Reduction in Bombay Burmah
Nusli N. Wadia has announced a significant transaction involving his stake in The Bombay Burmah Trading Corporation Limited. In a disclosure filed on October 19, 2026, Mr. Wadia reported the sale of 22,45,000 equity shares. This represents a disposal of 3.22% of the company’s total issued and paid-up share capital.
Transaction Details
The sale was executed as an inter-se transfer through a block deal on the stock exchange on October 19, 2026. The target company, The Bombay Burmah Trading Corporation Limited, had an equity share capital of 6,97,71,900 equity shares both before and after this transaction.
Post-Sale Holding
Following the sale, Nusli N. Wadia’s holding in The Bombay Burmah Trading Corporation Limited has decreased to 12,86,356 shares. This constitutes 1.84% of the company’s total voting rights. The disclosure was made in compliance with Regulation 29(2) of the SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 2011.
Source: BSE