Cox & Kings Defaults on Commercial Papers Worth Rs 149 Cr
Tours and travel services firm Cox & Kings on Wednesday said it has defaulted on commercial papers worth Rs 149 crore.
New Delhi, Aug 14 (PTI) Tours and travel services firm Cox & Kings on Wednesday said it has defaulted on commercial papers worth Rs 149 crore.
The company defaulted on unsecured commercial paper, Cox & Kings said in regulatory filing.
"The company is working closely with its lenders to optimise its strong asset base globally and bring the situation back to normal as soon as possible," it said.
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