Travel services provider Thomas Cook India today said it has raised Rs 125 crore through issuance of preference shares on a private placement basis.
"The Board of Directors of the company... Allotted 12,50,00,000 non convertible cumulative redeemable preference shares (NCCRPS) of Rs 10 each aggregating to Rs 125 crore for cash, at par, on a private placement basis," Thomas Cook India said in a BSE filing.
The company, however, did not specify the purpose of raising the money.
Shares of Thomas Cook India today closed at Rs 205 on BSE, down 1.06 per cent from previous close.
