Thomas Cook India Ltd approves issue of NCDs worth Rs. 300 crores

The Board of Directors of Thomas Cook (India) Ltd at its Meeting held on December 13, 2016 has, considered and approved to offer, invite, subscribe, secured or unsecured redeemable Non Convertible Debenture upto Rs. 3000 mn, on private placement basis subject to the approval of the members through postal ballot.

The above matter have been duly approved by the Board of Directors at its Meeting which commenced at 03:00 p.m. and concluded at 06:30 p.m.

Shares of THOMAS COOK (INDIA) LTD. was last trading in BSE at Rs.187.9 as compared to the previous close of Rs. 187.65. The total number of shares traded during the day was 8356 in over 155 trades.

The stock hit an intraday high of Rs. 189.25 and intraday low of 186.55. The net turnover during the day was Rs. 1569931.

Source : Equity Bulls

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