Bombay Burmah Trading Corp: Promoter Inter-Se Share Transfer of 1.84%

The Bombay Burmah Trading Corporation Limited has received a disclosure regarding an inter-se transfer of shares between promoters. Nowrosjee Wadia and Sons Limited (Transferee) will acquire up to 12,81,356 shares, representing 1.84% of the total paid-up share capital, from Mr. Nusli Neville Wadia (Transferor). This transaction is being conducted under Regulation 10(1)(a)(ii) of the SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 2011, exempting it from an open offer. The acquisition price will be based on the volume-weighted average market price for the preceding 60 trading days, which was ₹1,563.47 per share.