Thursday, 28 April 2011

Cox & Kings to raise Rs 1,500 crore

    Travel operator Cox & Kings has approved a proposal to raise up to Rs 1,500 crore through issue of fresh shares/convertible instruments or any other instruments. As per the Companies Act, 1956, the board has also approved increasing borrowing limit to Rs 1,500 crore from the current Rs 1,000 crore.

No comments:

Post a Comment