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Cox & Kings gets nod to raise Rs 1,200 crore

09 Oct 2014 Evaluate

Cox & Kings has received its board’s approval to raise upto Rs 1,200 crore through issuance of securities including equity shares or equity linked securities, including through a qualified institutions placement under the Securities and Exchange Board of India (Issue of Capital and Disclosure Requirements) Regulations, 2009 (the ICDR Regulations). The company’s board gave its approval for the same at the meeting held on October 09, 2014.

Cox & Kings is the longest established travel company in the world since 1758. It operates across 4 continents and 25 countries. In India, Cox & Kings has 12 branch sales offices and 150 Franchisee located across the country.

Peers
Company Name CMP
Thomas Cook (India) 103.45
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