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Bombay Burmah issues Commercial Paper worth Rs 50 crore

Bombay Burmah Trading Corporation has issued Commercial Paper for an aggregate amount of Rs 50 crore on May 03, 2017 for 86 days and having maturity date July 28, 2017. India Ratings & Research has granted rating of ‘A1+’ for issue of commercial paper by the Corporation.

Bombay Burmah Trading Corporation is a leading concern of the Wadia Group, a reputed Indian business house with interests in plantations, foods, textiles, chemicals, electronics and light engineering, health care and real estate. Bombay Burmah, Bombay Dyeing and Britannia are the mastheads of the Wadia Group.

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