The Board of Directors of The Bombay Burmah Trading Corporation Limited (BBTC) has approved the sale of its Tea Plantations, specifically the Dunsandle Estate, located in Nilgiris district. This decision was made during the Board Meeting held on March 26, 2026. The Dunsandle Estate division contributed Rs. 5.65 crore (2.05%) to the company's turnover in the last financial year and has a net worth of Rs. 7.10 crore (3.76%). Definitive agreements for the sale are yet to be executed, and the completion date will be mutually agreed upon by the parties. No consideration has been received as of the announcement date. The buyers identified are Mr. Rangasamy, Mrs. Rathinambal, Mr. Durai Arun, Mr. Saran, and Poomex Clothing Company. Importantly, these buyers do not belong to the promoter, promoter group, or any group companies of BBTC, and the transaction is not considered a related party transaction. The Board Meeting commenced at 2:15 PM and concluded at 2:50 PM on March 26, 2026.
