Thomas Cook (India) informs about issuance of corporate guarantee

24 Oct 2024 Evaluate

With reference to intimation dated October 9, 2024, Thomas Cook (India) has informed that the Sub-Committee of the Board Directors of the Company has on even date approved issuance of Corporate Guarantee of USD 3,675,000 (inclusive of the Corporate Guarantee amount approved on October 9, 2024) in favour of Citibank USA towards replacement of existing SBLC facility and fresh working capital limits sanctioned to Horizon Travel Services LLC (USA) (Wholly owned subsidiary of the Company). Pursuant to Regulation 30 read with Para B of Part A of Schedule III of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 and SEBI Circular No. SEBI/HO/CFD/CFD-PoD1/P/CIR/2023/123 dated July 13, 2023, details of Corporate Guarantee to be issued by the Company are enclosed as ‘Annexure A’.

The above information is a part of company’s filings submitted to BSE.

Thomas Cook (India) Share Price

197.40 -3.40 (-1.69%)
21-Nov-2024 16:59 View Price Chart
Peers
Company Name CMP
IRCTC 793.95
Transcorp Intl. 34.38
Thomas Cook (India) 197.40
TBO Tek 1534.05
Le Travenues Techno 142.30
View more..
© 2024 The Alchemists Ark Pvt. Ltd. All rights reserved. MoneyWorks4Me ® is a registered trademark of The Alchemists Ark Pvt. Ltd.