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Thomas Cook India gets nod to invest in TC Forex Services

21 Dec 2017 Evaluate

Thomas Cook (India) has received an approval for further investment of Rs 99,95,469 in the equity shares of TC Forex Services (formerly known as Tata Capital Forex), a wholly owned subsidiary of the company by way of subscription to its Right Issue. The board of directors at their meeting held on December 21, 2017, has approved the same.

Thomas Cook (India) is the leading integrated travel and travel related financial services company in the country offering a broad spectrum of services that include Foreign Exchange, Corporate Travel, MICE, Leisure Travel, Insurance, Visa & Passport services and E-Business.


Peers
Company Name CMP
Thomas Cook (India) 104.05
IRCTC 461.25
TBO Tek 1688.20
Le Travenues Techno 159.30
Yatra Online 105.30
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