Bombay burmah trading Corporation Limited has announced a key senior management change with the resignation of its Chief Operating Officer, Mr. Rajiv Arora, effective March 31, 2026. The company informed stock exchanges about this development in compliance with regulatory requirements under SEBI Listing Regulations.

Resignation Details

Mr. Rajiv Arora tendered his resignation from the position of Chief Operating Officer, categorized as Senior Management Personnel, effective from the close of business hours on March 31, 2026. The resignation was submitted citing personal and family reasons.

Regulatory Compliance

The company has fulfilled its disclosure obligations under Regulation 30 read with Clause 7 of Para A of Part A of Schedule III of the SEBI Listing Obligations and Disclosure Requirement Regulations, 2015. The announcement was made to both BSE Limited and National Stock Exchange of India Limited on March 31, 2026.

Official Communication

In his resignation letter dated March 30, 2026, addressed to the Chairman, Mr. Arora expressed gratitude to the Board of Directors for the opportunity to work at BBTCL. He specifically requested that the notice period be waived off to facilitate immediate relieving on March 31, 2026, which appears to have been accepted by the company.

The resignation letter was signed by Company Secretary and Compliance Officer Gandhali Upadhye, who digitally signed the regulatory filing on March 31, 2026, at 18:33:04 +05'30'. The company has provided all required information as per SEBI Master Circular HO/49/14/14(7)2025-CFD-POD2/I/3762/2026 dated January 30, 2026.

Bombay burmah trading Corporation Limited has successfully completed its postal ballot process for the re-appointment of Mr. Ness N. Wadia as Managing Director. The company announced the voting results on March 28, 2026, confirming that the special resolution was passed with the requisite majority on March 26, 2026.

Resolution Details

The postal ballot sought shareholder approval for the re-appointment of Mr. Ness N. Wadia (DIN: 00036049) as Managing Director for a period of 5 years with effect from April 1, 2026 to March 31, 2031, including approval of his remuneration package. The resolution was classified as a special resolution under the Companies Act, 2013.

Voting Process and Timeline

The postal ballot was conducted through remote e-voting facilitated by National Securities Depository Limited (NSDL). The voting process commenced at 9:00 a.m. IST on February 25, 2026, and concluded at 5:00 p.m. IST on March 26, 2026. Shareholders holding shares as on the cut-off date of February 20, 2026, were entitled to participate in the voting process.

Comprehensive Voting Results

The voting results demonstrated strong overall support for the resolution across different shareholder categories:

The overall voting participation reached 81.82% of outstanding shares, with 95.87% of polled votes supporting the resolution and only 4.13% voting against it.

Regulatory Compliance and Documentation

The postal ballot process was conducted in compliance with Section 108, 110 and other applicable provisions of the Companies Act, 2013, read with Rule 20 and 22 of the Companies (Management and Administration) Rules, 2014, and Regulation 44 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.

TRP & Partners LLP, Company Secretaries, served as the scrutinizer for the voting process. CS Praveen Soni (FCS 6495), Designated Partner of TRP & Partners LLP, conducted the scrutiny and issued the consolidated scrutinizer's report confirming the voting results.

Interested Parties Disclosure

The company disclosed that Mr. Ness N. Wadia, Mr. Nusli N. Wadia, Mrs. Maureen N. Wadia, and Mr. Jehangir N. Wadia, who are related to each other, were interested parties in the special resolution. The postal ballot notice dated February 13, 2026, was sent electronically to shareholders whose email addresses were registered with the corporation or depositories, covering a total of 47,436 shareholders on the record date.