Bombay Burmah Trading Corporation announced that the Committee of the Board of Directors of the Corporation ('Committee') has approved an issue of 12,500 Principal Protected -Senior, Secured, Listed, Rated, Market Linked Redeemable Non-Convertible Debentures (NCDs) of the face value of Rs. 1 lakh each aggregating Rs 125 crore on private placement basis.
Further, the Committee has decided to not proceed with the issue of Secured, Listed, Redeemable, Non-Convertible Debentures (NCDs) of upto Rs. 40 crore.
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