Pursuant to the Regulation 30 of Listing Regulations, this is to inform you that the Board at its meeting held today i.e 28th February, 23 have decided to sell the plantation land/properties and assets forming part of the 8 (eight) coffee estates known as "Elkhill Estates", admeasuring approximately 2,491 acres (in aggregate) ('Identified Assets') to Orange County Resorts and Hotels Limited. The sale consideration will be approximately INR 2,91,00,00,000, which will be allocated to each asset in the sale documents, which will be executed between the Parties. The proposed transfer is subject to certain conditions precedent including completion of due-diligence by the proposed buyer, receipt of necessary approvals, including approvals from shareholders and lenders of The Bombay Burmah Trading Corporation Limited ('Company') and regulatory authorities, if any. In connection with the above, please find attached our disclosure in terms of the SEBI Circular No. CIR/CFD/CMD/4/2015