Bombay Burmah Trading Corporation

The Bombay Burmah Trading Corporation Limited
Company typePublic
ISININE050A01025
PredecessorWallace Bros & Co.
Founded1863; 161 years ago (1863)[1]
FoundersWallace brothers
HeadquartersWallace Street, Fort, ,
India
Area served
Worldwide
Key people
Nusli N. Wadia (Chairman)
RevenueDecrease 247.25 crore (US$30 million) (FY18)
Decrease −25.83 crore (US$−3.1 million)[2] (FY18)
OwnerWadia Group (65.93%)[3]
Websitebbtcl.com

The Bombay Burmah Trading Corporation Limited (BBTC) is an Indian trading company based in Mumbai owned by the Wadia Group.[4][5] It was formed in 1863 by the Wallace Brothers of Scotland. It is India's oldest publicly traded company,[6][7] and was established to engage in the Burmese tea business through the initial step of taking over the Burmese assets of William Wallace.[8]

  1. ^ "Company Profile". The Bombay Burmah Trading Corporation, Limited. Retrieved 27 April 2019.
  2. ^ "Annual Report" (PDF). The Bombay Burmah Trading Corporation, Limited. Retrieved 27 April 2019.
  3. ^ "Shareholding" (PDF). The Bombay Burmah Trading Corporation, Limited. Retrieved 27 April 2019.
  4. ^ "Bombay Burmah to sell 3 tea estates in Tanzania for $1.2 million". cnbctv18.com. 19 April 2023. Retrieved 6 May 2023.
  5. ^ Chengappa, Sangeetha (6 June 2021). "Wadia group's Bombay Burmah to exit plantations business". www.thehindubusinessline.com. Retrieved 9 May 2023.
  6. ^ Mudgill, Amit. "Old isn't gold always! These 19th century firms failed to reward investors in last 5 years". The Economic Times. Retrieved 19 September 2022.
  7. ^ "Bombay Burmah Trading Corporation Ltd Share Price Today, BBTC Share Price NSE, BSE". Business Today. Retrieved 6 May 2023.
  8. ^ "Bombay Burmah shares hit fresh 52-week high; stock up 39% in a month; here's why". Business Today. 28 June 2024. Retrieved 21 September 2024.