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Thomas Cook (India) Ltd Updates On Issue Of Equity Shares By Way Of Institutional Placement Programme


Friday, 15 Mar 2013 07:37am EDT 

Thomas Cook (India) Ltd announced that pursuant to issue of equity shares by Thomas Cook (India) Ltd by way of an Institutional placement programme (Proposed IPP) under Chapter VII-A of the Securities and Exchange Board of India (Issue of Capital and Disclosure Requirements) Regulations, 2009, Thomas Cook (India) Ltd now announced that the Securities and Exchange Board of India (SEBI), vide its letter dated March 8, 2013, has acceded to the request of the Company for the Issuance of up to 34,379,606 Equity Shares, aggregating to 13.89% of its equity share capital by way of an Institutional placement programme pursuant to Chapter Vlll-A of the SEBI (Issue of Capital and Disclosure Requirements) Regulations, 2009, as amended (ICDR Regulations), subject to the pricing provisions applicable to a qualified institutions placement under Chapter VII of the ICDR Regulations, for the purpose of achieving minimum level of public shareholding as envisaged under the Securities Contracts (Regulation) Rules, 1951. 

Company Quote

157.0
8.35 +5.62%
19 Sep 2014