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Dear Shareholders,
On 3rd September 2013 your Company will achieve the distinction of being the first Indian Company to complete 150 years as a company listed on BSE.
Through these long years, the Corporation has witnessed many challenging situations including two World Wars, the Great Depression, the independence of our country, the emergence of the European Union and the rise of the tiger economies in the East. The Board and Management of the Corporation have not only been able to adapt to these challenging conditions but have also been able to ensure that the Corporation today is stronger than it has ever been.
The past fifty years have seen a number of changes in the business portfolios of the Corporation. Overseas companies like North Borneo Timbers and P.T. Indo Java have been divested and Britannia Industries has been bought into the fold as a subsidiary.
I have had the pleasure and privilege of being involved with the Corporation for thirty three of these last fifty years and can assure you that we stand committed to the values of teamwork, trust and integrity and to serve you, our esteemed Shareholders, and all other stakeholders.
I would like to thank all those who over the years, have served with the Corporation, our Directors, Managers, Employees and Stakeholders in different parts of the world, for their contribution to the Corporation. Most important, I would like to thank you dear Shareholders, for the support you have given to us throughout these 150 years.
I am convinced that the best is yet to come.
Nusli Wadia.
Bombay Burmah Trading Corporation Ltd
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