The Economic Times

Bombay Burmah Trading shares surge 14% after SC recalls Rs 4,655 crore lease-rent observation

Bombay Burmah Trading shares rose sharply on Thursday after the Supreme Court recalled its earlier observation linking the company to a Rs 4,655 crore lease-rent liability. The court said the amount had neither been notified to BBTCL nor finally determined after giving the company an opportunity to respond, easing concerns over potential financial exposure.