The Bombay Burmah Trading Corporation Limited (BBTCL) has informed the stock exchanges that its agreement with MSTC Limited has been terminated with effect from November 18, 2025. The disclosure was made under Regulation 30 of the SEBI (LODR) Regulations, 2015.
According to the filing, the agreement had originally appointed MSTC as the selling agent for the sale of BBTCL’s immovable properties and land through MSTC’s e-auction platform mstcecommerce.com.
In the attached annexure, the company clarified that:
- The termination follows unsuccessful online bidding and processes that were inconsistent with the Corporation’s strategies.
- The termination does not have any material impact on the company.
- BBTCL and MSTC do not share any promoter or related-party relationship, and no shareholding or board-level linkages exist between the entities.
The communication was submitted by Gandhali Upadhye, Company Secretary & Compliance Officer of BBTCL, and addressed to both BSE and NSE.
