Thomas Cook India expects demerger of resorts business by Oct 2027: MD

Thomas Cook (India) Ltd expects the proposed demerger of its resorts and resort-management business into Sterling Holiday Resorts to become effective by October 2027, according to a top company official. In an interview with PTI, Mahesh Iyer, Managing Director and CEO of Thomas Cook (India) Ltd, said the company expects the scheme to become effective by mid-FY28. "The application in...