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Board of Thomas Cook (India) approves preferential allotment of 43 56 cr OCCRPS

At meeting held on 02 April 2021The Board of Thomas Cook (India) at its meeting held on 02 April 2021 has approved the preferential allotment of 43,56,57,000 Optionally Convertible Cumulative Redeemable Preference Shares of Face Value Rs. 10 each to Fairbridge Capital (Mauritius) on a private placement basis at a price of Rs. 10 per security for cash, at par, aggregating to the consideration of Rs. 435.65 crore. Powered by Capital Market - Live News (This story has not been edited by Business Standard staff and is auto-generated from a syndicated feed.) Dear Reader, Business Standard has always strived hard to provide up-to-date information and commentary on developments that are of interest to you and have wider political and economic implications for the country and the world. Your encouragement and constant feedback on how to improve our offering have only made our resolve and commitment to these ideals stronger. Even during these difficult times arising out of Covid-19,

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