Thomas Cook shines on getting nod to raise up to Rs 450 crore
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Thomas Cook (India) is currently trading at Rs. 48.85, up by 1.40 points or 2.95% from its previous closing of Rs. 47.45 on the BSE.
The scrip opened at Rs. 48.50 and has touched a high and low of Rs. 50.25 and Rs. 48.30 respectively. So far 22076 shares were traded on the counter.
The BSE group 'A' stock of face value Rs. 1 has touched a 52 week high of Rs. 62.00 on 25-Feb-2020 and a 52 week low of Rs. 21.80 on 25-Mar-2020.
Last one week high and low of the scrip stood at Rs. 50.25 and Rs. 45.10 respectively. The current market cap of the company is Rs. 1794.92 crore.
The promoters holding in the company stood at 65.60%, while Institutions and Non-Institutions held 14.44% and 19.95% respectively.
Thomas Cook India’s board has approved issuance of up to 45,00,00,000 OCCRPS of face value of 10 each to Fairbridge Capital (Mauritius), the promoter of the company, through private placement on a preferential basis. The size of the issue is up to Rs 450 crore subject to the approval of regulatory, statutory authorities and the shareholders of the company.
Thomas Cook (India) is India’s leading integrated travel services company
