The Bombay Burmah Trading Corporation Limited appointed Saghan Srivastava as its Company Secretary and Compliance Officer, effective September 30, 2026. The appointment was approved by the Board based on the recommendation of the Nomination and Remuneration Committee.

Srivastava is designated as Key Managerial Personnel (KMP) of the corporation. He brings over 17 years of experience in corporate secretarial, legal, compliance, and governance functions, predominantly with listed companies. His expertise covers SEBI regulations, the Companies Act, FEMA/RBI compliances, IPOs, mergers and acquisitions, fund raising, and board processes.

Professional background and prior roles

Prior to joining The Bombay Burmah Trading Corporation Limited, Srivastava held senior positions at several reputed organizations. His professional history includes roles at Avaada Group, Mahanagar Gas Ltd., Sundram Fasteners Ltd., and TNPL. He has extensive experience managing regulatory matters and complex corporate transactions.

Governance and disclosure details

The appointment was disclosed to stock exchanges in compliance with Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. The Board meeting that approved this decision commenced at 3:15 pm and concluded at 4:05 pm on September 30, 2026.

The corporation also updated its list of KMPs authorized to determine materiality of events and make disclosures under Regulation 30. This list includes the Managing Director, Chief Financial Officer, and the newly appointed Company Secretary and Compliance Officer.

Nusli N. Wadia reduced his shareholding in The Bombay Burmah Trading Corporation through a block deal involving the sale of 16.10 lakh equity shares, constituting 2.31% of the company's total paid-up capital.

The transaction was executed as an inter-se transfer to Nowrosjee Wadia and Sons Limited, an existing promoter group member, on September 25, 2026. Following this disposal, Wadia's direct holding in the company decreased from 7.37% to 5.06%. The disclosure was submitted to the stock exchanges on September 28, 2026, in compliance with Regulation 29(2) of the SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 2011.

Shareholding Details

The total equity share capital of The Bombay Burmah Trading Corporation remains unchanged at 6,97,71,900 equity shares. There are no encumbrances reported against the shares held by the acquirer or seller.

Nowrosjee Wadia and Sons Limited increased its stake through this acquisition, consolidating promoter group holdings within the entity.