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Thomas Cook (India) informs about scheme of arrangement

11 Oct 2019 Evaluate

Thomas Cook (India) has informed that the Honble National Company Law Tribunal, Mumbai Bench, has, at the hearing on 10th October, 2019, allowed the Composite Scheme of Arrangement and Amalgamation amongst TC Forex Services and Travel Corporation (India) and TC Travel Services and SOTC Travel Management and Thomas Cook (India) and Quess Corp and their respective shareholders. The Company is in the process of obtaining the certified copies of the order. Further, the final hearing for Quess Corp is scheduled on 18th October, 2019 in the Honble National Company Law Tribunal, Bengaluru Bench. Once the order is received from both the NCLT Benches and filed with the respective Registrars of Companies, the scheme shall be made effective.

The above information is a part of company’s filings submitted to BSE.

Peers
Company Name CMP
Thomas Cook (India) 89.57
IRCTC 450.00
TBO Tek 1526.10
Le Travenues Techno 144.75
Yatra Online 76.09
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