Board of Thomas Cook (India) approves preferential allotment of 43.56 cr OCCRPS

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Capital Market
Last Updated : Apr 02 2021 | 3:31 PM IST

At meeting held on 02 April 2021

The Board of Thomas Cook (India) at its meeting held on 02 April 2021 has approved the preferential allotment of 43,56,57,000 Optionally Convertible Cumulative Redeemable Preference Shares of Face Value Rs. 10 each to Fairbridge Capital (Mauritius) on a private placement basis at a price of Rs. 10 per security for cash, at par, aggregating to the consideration of Rs. 435.65 crore.

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First Published: Apr 02 2021 | 3:13 PM IST

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