Nowrosjee Wadia and Sons Limited has Submitted to the Exchange a copy of Disclosure under Regulation 31(4) of the Securities and Exchange Board of India (Substantial Acquisition of Shares and Takeovers) Regulations, 2011.
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Nowrosjee Wadia and Sons Limited, the promoter entity of The Bombay Burmah Trading Corporation Limited, has filed an annual disclosure with NSE and BSE confirming that no encumbrance (pledge or charge) was created on the company's shares by the promoters and persons acting in concert during the financial year ended March 31, 2026. This is a mandatory annual compliance filing required under SEBI's Substantial Acquisition of Shares and Takeovers Regulations. The disclosure includes an annexure listing 69 entities classified as promoters and persons acting in concert, including Wadia Group companies, family members, trusts, and related investment entities.
Positive for shareholders as it confirms promoters have not pledged their shares, indicating strong promoter confidence and no risk of forced selling through encumbered shares. This reflects the Wadia family's unleveraged holding in the company.