Thomas Cook India’s board has approved issuance of up to 45,00,00,000 OCCRPS of face value of 10 each to Fairbridge Capital (Mauritius), the promoter of the company, through private placement on a preferential basis. The size of the issue is up to Rs 450 crore subject to the approval of regulatory, statutory authorities and the shareholders of the company.
Thomas Cook (India) is India’s leading integrated travel services company.