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Thomas Cook (India) informs about issuance of corporate guarantee

24 Oct 2024 Evaluate

With reference to intimation dated October 9, 2024, Thomas Cook (India) has informed that the Sub-Committee of the Board Directors of the Company has on even date approved issuance of Corporate Guarantee of USD 3,675,000 (inclusive of the Corporate Guarantee amount approved on October 9, 2024) in favour of Citibank USA towards replacement of existing SBLC facility and fresh working capital limits sanctioned to Horizon Travel Services LLC (USA) (Wholly owned subsidiary of the Company). Pursuant to Regulation 30 read with Para B of Part A of Schedule III of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 and SEBI Circular No. SEBI/HO/CFD/CFD-PoD1/P/CIR/2023/123 dated July 13, 2023, details of Corporate Guarantee to be issued by the Company are enclosed as ‘Annexure A’.

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

Thomas Cook (India) Share Price

110.94 1.63 (1.49%)
17-Apr-2026 16:59 View Price Chart
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