The Hindu Business Line

Cox & Kings to de­lay Q1 re­sults

- Cox & Kings

Travel com­pany Cox and Kings on Mon­day said it is un­able to de­clare its fi­nan­cial re­sults for the quar­ter ended June 30, as it is in the mid­dle of fi­nal­is­ing a res­o­lu­tion plan. It also said it has re­ceived a 180-day breather from its lenders to fi­nalise a res­o­lu­tion plan. The firm has been fac­ing a liq­uid­ity crunch for a few months now. p5

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