pocketful logo
The Bombay Burmah Trading Corporation Ltd logo

The Bombay Burmah Trading Corporation Ltd

NSE: BBTC BSE: 501425

₹1533.70

(0.66%)

Sun, 24 May 2026, 04:44 pm

Company History

1863

  • The Company was Incorporated on 4th September at Mumbai under the name of the Burma Trading Co. Ltd.
  • The Corporation was originally formed as a public company to engage in the growing Burma tea business.
  • 100 shares of Rs 2,500 each were issued as fully paid-up to William Wallace without payment in cash.

1864

  • The name was changed to the Bombay Burmah Trading Corporation Ltd.

1918

  • 84,000 No. of Equity shares were issued for cash.

1957

  • 10,000 No. of Equity shares of Rs 125 each were issued as fully paid up.

1958

  • AFCO became a wholly owned subsidiary of the Company.
  • 21,400 Bonus Equity shares were issued.

1962

  • The Corporation floated Formica India Ltd. in association with Formica International Ltd.

1963

  • Fully paid-up shares were subdivided into shares of Rs 25 each.
  • 84,000 partly paid-up shares were divided into shares of Rs 25 each.
  • 3,67,000 Bonus shares were issued.

1964

  • M/s. Wallace & Co., Ltd. were named as perpetual Secretaries, Treasures and Managers.
  • The management of P.T. Indo-Java Rubber Planting and Trading Company was brought under supervisory control.

1967

  • 1,83,500 Bonus Equity shares were issued in the proportion of 1:4.

1969

  • North Borneo Timbers, Berhad became an associated company of Bombay Burmah Trading Corporation Limited.

1970

  • 1,33,750 Bonus Equity shares were issued in the proportion of 1:10.

1973

  • 2,94,250 Bonus Equity shares were issued in the proportion of 1:5.

1975

  • Vitro Pharma Products Ltd. and Chawla Chemical Industries Ltd. became subsidiaries of AFCO Industries and Union Agencies.
  • Formica India Ltd. became a subsidiary of the Corporation with 99% holding.

1977

  • 4,41,375 Bonus shares were issued in the proportion of 1:4.

1981

  • The operations at the Dombivili factory were suspended.

1982

  • The name of Chawla Chemical Industries Ltd. was changed to AFCO Industrial & Chemicals Ltd.

1983

  • The Kachaldara Trading Limited company became a wholly owned subsidiary.
  • Shares of Rs 25 each were consolidated into shares of Rs 100 each.

1984

  • The Corporation offered 15% secured redeemable non-convertible debentures.

1987

  • A new press was commissioned.
  • New designs of laminates were received well in the market.

1988

  • The Kachaldara Trading Ltd. merged with Bombay Company Ltd.
  • Bombay Company Ltd. became a subsidiary of the Company.

1989

  • New ranges of decorative laminates were developed and launched.
  • A new treater was commissioned.

1991

  • The Dental Products of India Ltd. became a subsidiary of the Corporation.

1992

  • Post Forming Laminates were launched for the first time in India.
  • The BCL Spring Division was formed.
  • The Afcoset Balances Division was formed.
  • Bombay Company Ltd. merged with the Company.

1994

  • The Company acquired the division manufacturing particle boards from Indian Plywood Manufacturing Co. Ltd.
  • The Company allotted equity shares and warrants to Wadia group.

1995

  • The Company sub-divided its equity shares of Rs 100 each into equity shares of Rs 10 each.
  • The Company allotted fully paid equity bonus shares in the proportion of 1:1.
  • The Company allotted equity shares of Rs 10 each at a premium to Damascus Investment & Trading Co. Ltd.

1996

  • 4,44,000 bonus equity shares were allotted to Damascus Investment & Trading Co. Ltd.
  • The Corporation's Formica and Springs Divisions were accredited with ISO 9002.

1997

  • The Corporation maintained a rating of AA+ for Debentures, FAA+ for Fixed Deposits, and P1+ for Commercial Paper.

1998

  • The Corporation issued 12.75% Secured, Redeemable, Non-Convertible Debentures.
  • The Corporation entered into a tri-partite agreement with NSDL and Sharepro Services for depository facility.
  • NCDs of the company were downgraded from AA + to AA and the fixed deposits programme was downgraded from FAA+ to FAA.

1999

  • The Corporation took steps to get ISO 9002 accreditation for the Afcoset Balances Division.

2000

  • The Company suffered a heavy setback due to labour problems, rise in wage cost, and downward pressure on tea prices.

2002

  • Mr Ashok Panjwani was appointed as an Additional Director.
  • Mr Ashok Panjwani was appointed as the Executive Director of the company.
  • Jeh Wadia was appointed as Deputy MD of Bombay Burmah Trading Corporation.

2006

  • Field Marshal S H F J Manekshaw and Mr J Matthan resigned as Directors of the Corporation.

2007

  • Mr. Ishaat Hussain was appointed as a Director of the Corporation.

2008

  • The Company recommended a dividend at 30% (Rs 3/- per share).

2009

  • The Company recommended a dividend at 0% (Rs 1/- per share).

2010

  • Ms. Vinita Bali and Ms. Ness N. Wadia were appointed as Additional Directors of the Company.
  • The Company recommended a dividend at 35% (Rs. 3.50 per share).

2011

  • The Company recommended a dividend at 70% (Rs. 7/- per share).

2012

  • The Company merged with its wholly owned subsidiary M/s. Electromags Automative Products Pvt Ltd.
  • The Company split its Face value of Shares from Rs 10 to Rs 2.

2013

  • The Company recommended a dividend at 150% (Rs. 3/- per share).

2014

  • Mr. Mahindra was appointed as a Director of the Company.
  • The Company recommended a dividend at 50% (Re.1/- per share).

Open Your Free Demat Account Now!

Step into a world of zero fees and limitless opportunities!

pocketful logo

2022-25 Pocketful. All rights reserved, Built with in India

Version -5.76

app image 1app image 2

Explore

Calculatorsfooter arrow down icon
Popular Calculatorsfooter arrow down icon
Group Stocksfooter arrow down icon
Asset Management Companiesfooter arrow down icon
Popular Stocksfooter arrow down icon
Indian Indicesfooter arrow down icon
Sector Wise Stocksfooter arrow down icon
IPOfooter arrow down icon
Share Marketfooter arrow down icon
Best MF Schemesfooter arrow down icon
Platformsfooter arrow down icon
Resourcesfooter arrow down icon

Pocketful Fintech Capital Private Limited (CIN U65999DL2021PTC390548) | The SEBI Registration No. allotted to us is INZ000313732. NSE Member Code: 90326 | BSE Member Code: 6808 | MCX Member Code: 57120 DP | CDSL: 12099800