Cox Kings Ltd.

Our Company was incorporated under the name of the Eastern Carrying
 Company 
 Limited on June 7, 1939 under the Indian Companies Act, VII of 1913.
 The name of 
 our company was subsequently changed to Cox and Kings (India) Limited
 and the 
 consequent fresh Certificate of Incorporation was granted on February
 23, 1950. 
 Subsequently, after the amendment of Section 43A of the Companies Act
 1956, the 
 word Private was added to the name of our Company on October 12,
 2001. Pursuant 
 to a special resolution of our shareholders at an Extraordinary
 General Meeting held on 
 January 29, 2007, our Company became a public limited company and the
 word 
 Private was deleted from its name. The Certificate of Incorporation
 to reflect the new 
 name was issued on March 28, 2007 by the RoC.
 
 The evolution of our name as a brand can be traced in history dating
 back to the year 
 1758, i.e. an history of over 250 years when Lord Ligonier, Colonel
 of the 1st Foot 
 Guards, appointed Richard Cox, as his regimental agent for handling
 the affairs, pay 
 and sundry obligations of the officers stationed overseas. Then since
 the year 1765 it 
 operated as a partnership firm. By the year 1815, the firm became
 agents and banker to 
 the entire Household Brigade, most of the cavalry and infantry
 regiments, the Royal Artillery, 
 and the Royal Wagon Train, which later became the Royal Army Service
 Corps. In the year 
 1909, Cox & Co. got incorporated as an unlimited company under the
 Companies 
 (Consolidation) Act, 1908 in London. In October 1922, Cox & Co.
 absorbed the business of 
 Henry S. King & Co., a small bank with Indian interests, with which
 the name of Cox & Kings 
 came into existence.
 
 In February1923 their banking business was taken over by Lloyds Bank
 Limited. In the year 
 1960 Lloyds Bank Limited sold this acquired business to National and
 Grindlays Bank Ltd. In 
 the year 1980 Grindlays Bank Limited divested its nonbanking
 activities because of 
 Governmental regulations. This interest in the travel business was
 bought by Mr. A.B.M. Good 
 and Mr. John Norman Romney Barber by acquiring Cox & Kings (Holdings)
 Ltd. (now Cox & 
 Kings Ltd.) along with its subsidiary Cox & Kings Ltd. (now Cox &
 Kings Travel Ltd.). Cox & Kings 
 under its present ownership continued to operate as Specialized Tour
 Operator. It also branched 
 out into special interest holidays for artists, botanists and natural
 historians.
 
 In the year 1980, the Reserve Bank of India vide its letter dated May
 14, 1980 permitted 
 Cox & Kings (Agents) Limited to transfer its Indian business to Cox
 and Kings (India) Limited with 
 effect from October 1, 1978. Cox & Kings (Agents) Limited, however,
 continued with its business 
 from its head office in London. In consideration of this purchase of
 business, Cox and Kings (India) 
 Limited issued our shares to Cox & Kings (Agents) Limited. As a
 condition of Indianisation imposed
 by the Reserve Bank of India, Cox and Kings (India) Limited issued
 and allotted 60% of the 
 shares to resident Indians and Staff Gratuity Trust Fund.
 
 Ajay Ajit Peter Kerkar and Urrshila Kerkar bought Equity Shares of
 Cox and Kings (India) Limited 
 from the existing shareholders of our Company for the first time on
 May 09, 1981 and thereafter 
 consolidated their shareholding by way of rights issues in March
 1990, August 1996, November 
 1998 and June 2005 through the allotment of additional
 shares/subscription to renunciation in the 
 rights issues including purchases from the existing shareholder
 during the said period. Liz 
 Investments Private Limited acquired the Equity Shares from the
 existing shareholders for the first 
 time on September 21, 1988 and similarly consolidated its
 shareholding in the rights issue by the 
 Company March 1990, August 1996, November, 1998 and June 2005. Upon
 conclusion of these 
 rights issues in June 2005 Ajay Ajit Peter Kerkar, Urrshila Kerkar,
 Liz Investments Private Limited and 
 Mr. A.B.M. Good collectively held 3,842,450 Equity Shares
 representing 70.63% of the outstanding 
 capital of the Company. 
 
 Major Events
 
 Year      Key Events, Milestones and Achievements
 
 1980     Acquisition of Indian business of Cox & Kings (Agents) Ltd.
 
 1996     Foray into Foreign Exchange business
 
 1999     Launch of brands, Duniya Dekho and Bharat Deko
 
 2001     Launch of brand,  FlexiHol
 
 2002     Takeover of Foreign Exchange business of Tulip Star Hotels
 Limited
 
 2006     Acquisition of Clearmine Limited, a U.K. based company, with
 its wholly owned 
                 subsidiary ETN Services Limited
 
              Establishment of overseas branch offices at Russia and
 New York
 
              Incorporation of our overseas subsidiary in Singapore
 
              Enhancement of Full Fledged Money Changer License to
 Authorized Dealer Category-II
 
 2007     Acquisition of Cox & Kings Ltd., a U.K. based company, with
 its wholly owned subsidiary 
               Cox & Kings Travel Ltd. and Cox & Kings (Japan) Ltd.,
 based in Japan pursuant to the 
               FIPB approval dated August 6, 2007
 
               Incorporation of our overseas subsidiary in Dubai
 
 2008      Acquisition of Tempo Holidays Pty Ltd., based in Australia
 with its wholly owned 
                 subsidiary Tempo Holidays NZ Ltd. based in New
 Zealand marking our direct presence 
                 in these geographies 
 
               Foray in Visa Processing business through acquisition
 of Quoprro Global Services Pvt. Ltd.
 
               Approval from GoI, MEA, the High Commission of India at
 Singapore for their visa 
                 processing services under a newly formed subsidiary
 Quoprro Global Services Pte Ltd.
 
               Formed Joint Venture 'Royale Indian Rail Tours Limited'
 with IRCTC for luxury train-based 
                tourism in India 
 
 2009      Acquisition of East India Travel Company Inc., a U.S. based
 company for direct and better 
                 presence therein Incorporation of our subsidiary in
 U.K. in the name of Quoprro Global Limited 
 
               Incorporation of a step- down overseas subsidiary in
 Hong Kong
 2010
    
 - The Registrar of Companies has approved name change of the Company
 from Cox and Kings (India) Ltd to Cox & Kings Ltd.        
 
 2011
 
 - Cox & Kings acquires Holidaybreak PLC for GBP 323.43 million
 
 - Sub-division of equity shares from face value of Rs. 10/- per share
 to face value of Rs. 5/- per share.
 -Cox & Kings has splits its face value from Rs 10/- to 5/-
                                                            
 2012
 
 - CVCI private equity investment in Cox & Kings Ltd's UK Subsidiary.
 
 2014
 
 -Cox & Kings L - PGL, owned by Cox & Kings, expands its footprint as
 it opens its first 
 
 -Cox & Kings L - PGL, owned by Cox & Kings Ltd. adds second centre to
 its Australian operations- Camp Rumbug
 
 -Cox & Kings L - PGL, owned by Cox & Kings Ltd. adds second centre to
 its Australian operations- Camp Rumbug
 
 2015
 - Cox and Kings Grab Your Dream' receives PATA Gold award
 - Cox & Kings owned MEININGER Hotels to open in Budapest
 - Cox & Kings acquires LateRooms
 
 2016
 
 - Cox & Kings Bags Three Awards at the Prestigious World Travel
 Awards in Vietnam.
 - Cox & Kings Ltd Introduces money transfer solutions in partnership
 with UAE Exchange India.
 -Cox & Kings chosen ‘Best Tour Operator’ at Travel + Leisure -
 India’s Best Awards 2016.