Promoter transfer of 1.84% stake within Wadia group
BBTC · price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
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Nowrosjee Wadia and Sons Limited plans to acquire up to 12,81,356 Bombay Burmah Trading shares, or 1.84%, from promoter Mr. Nusli Neville Wadia on or after 29 October 2026. The transfer is for internal restructuring. The buyer's stake would rise from 50.10% to 51.94%, while the seller's would fall from 1.84% to 0.01%. The stated 60-day price benchmark is Rs 1,563.47 per share, with the price capped at no more than 25% above it.
Internal promoter reshuffle, not a fresh promoter-group purchase. Public shareholder economics and control likely remain broadly unchanged.