The Bombay Burmah Trading Corporation Ltd
NSE: BBTC BSE: 501425
₹1334.20
(1.71%)
Fri, 09 Oct 2026, 06:57 pm
Market Cap (in Cr)9308.62
PE Ratio7.22
Dividend1.57
Consumer Non-Durables
Food: Major Diversified
24.5KCompany 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).
