The Hon'ble 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 Limited and Travel Corporation (India) Limited and TC Travel Services Limited and SOTC Travel Management Private Limited and Thomas Cook (India) Limited and Quess Corp Limited 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 Limited is scheduled on 18th October, 2019 in the Hon'ble 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.
Shares of THOMAS COOK (INDIA) LTD. was last trading in BSE at Rs.139.8 as compared to the previous close of Rs. 144. The total number of shares traded during the day was 2784 in over 138 trades.
The stock hit an intraday high of Rs. 145 and intraday low of 138. The net turnover during the day was Rs. 391318.