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Board of Thomas Cook (India) approves preferential allotment of 43.56 cr OCCRPS

Capital Market 

At meeting held on 02 April 2021

The 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.

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(This story has not been edited by Business Standard staff and is auto-generated from a syndicated feed.)

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First Published: Fri, April 02 2021. 15:13 IST