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

The Bombay Burmah Trading Corporation Limited has announced an inter-se transfer of 12,81,356 equity shares, representing 1.84% of the total paid-up share capital. This transaction occurred between promoters via a block deal on the stock exchange. The rationale behind this transfer is an internal restructuring of promoter holdings. The acquisition was exempt under Regulation 10(1)(a)(ii) of the SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 2011. The shares were acquired at ₹1,195 per share.