Travel services provider Cox & Kings is set to fuel its growth plans through domestic and overseas acquisitions. Besides approving a proposal to split its stock, the company board has sanctioned a plan to raise up to Rs 1,500 crore through issue of fresh shares or other instruments.
The board has also approved increasing borrowing limit to Rs 1,500 crore from the current Rs 1,000 crore. Anil Khandelwal, CFO of Cox & Kings, in an interview with CNBC-TV18Discover the latest Business News, Sensex, and Nifty updates. Obtain Personal Finance insights, tax queries, and expert opinions on Moneycontrol or download the Moneycontrol App to stay updated!
