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The Bombay Burmah Trading Corporation Ltd logo

The Bombay Burmah Trading Corporation Ltd

NSE: BBTC BSE: 501425

₹1414.60

(1.30%)

Thu, 02 Apr 2026, 02:51 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).

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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