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Thomas Cook (India) to make further investment in Thomas Cook Lanka

28 Mar 2024 Evaluate

Thomas Cook (India) has received approval to acquire/ invest further upto $0.82 million in equivalent LKR, in one or more tranches in Thomas Cook Lanka, a wholly owned subsidiary (WOS) of the Company. The proposed investment is for strengthening the financial position of the WOS in Sri Lanka. The Sub Committee of Board of Directors of the company, has approved the same.

Thomas Cook (India) is India’s leading integrated travel services company.


Peers
Company Name CMP
Thomas Cook (India) 106.20
IRCTC 476.45
TBO Tek 1707.80
Le Travenues Techno 165.85
Yatra Online 104.50
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