BBTCThe Bombay Burmah Trading Corporation Limited
Nowrosjee Wadia and Sons pre-intimates a promoter transfer of up to 24 lakh Bombay Burmah shares
- Mergers & acquisitions
- Food And Food Processing
Nowrosjee Wadia and Sons Limited has filed with BSE and NSE a pre-intimation, dated 9 Oct 2026, under Regulation 10(5) of the SEBI takeover regulations, which the exchange records show as submitted on 12 Oct 2026. It concerns the proposed acquisition of up to 24,00,000 shares of The Bombay Burmah Trading Corporation Limited, which is 3.44% of its total paid-up share capital.
The shares are to be acquired by an inter-se transfer, which is a transfer among promoters, under Regulation 10(1)(a)(ii) of the takeover regulations. The letter encloses the detailed pre-intimation required under Regulation 10(5).
Inference
An inter-se transfer between promoters moves shares from one promoter entity to another and does not involve outside investors. Such transfers are exempt from the open offer rules if the conditions in the regulation are met.
The letter does not name the seller or give the price or the date of the proposed transfer in the part shown. Those details are in the enclosed pre-intimation.
Reference: Original filing (PDF)
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