Thomas Cook Board recommends dividend & considers proposal for Rights Issue

Thomas Cook India Ltd has announced that the Board of Directors of the Company at its meeting held on March 23, 2007, inter alia, has transacted the following:

1. Recommended dividend @ 50% for the fourteen months ended December 31, 2006.

2. Considered proposal for Rights Issue of Shares of upto Rs 225 crore.

Source : Equity Bulls

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