Thomas Cook India has acquired majority shareholding in Sterling Holiday Resorts with further acquisition of over one crore shares for Rs 116.26 crore through off-market. Pursuant to a purchase of 11,863,334 paid-up equity shares of Sterling Holiday Resorts (India) at Rs 98 per share in an off-market transaction by Thomas Cook Insurance Services (India), Sterling Holiday Resorts India has become its subsidiary.
Thomas Cook Insurance Services India (TCISIL) is a wholly-owned subsidiary of Thomas Cook (India). TCISIL now holds approximately 53.48% of Sterling Holiday Resorts India (SHRIL). Another subsidiary of Thomas Cook India, Travel Corporation (India) owns approximately 1.67% of the paid-up equity of SHRIL.
Thomas Cook India group now holds nearly 55.14% of the paid-up equity share capital of SHRIL.
Thomas Cook is the largest integrated travel and travel related financial services company in the country offering a broad spectrum of services that include Foreign Exchange, Corporate Travel, MICE, Leisure Travel, Insurance, Visa & Passport services and E-Business.
| Company Name | CMP |
|---|---|
| IRCTC | 564.75 |
| Thomas Cook (India) | 110.94 |
| TBO Tek | 1291.85 |
| Transcorp Intl. | 28.03 |
| Le Travenues Techno | 179.05 |
| View more.. | |
MoneyWorks4Me is a SEBI-registered Investment Adviser (IA) dedicated to helping investors build long-term wealth through transparent, research-driven, conflict-free guidance. Founded in 2008, we started our journey as a Research Analyst (RA), providing deep fundamental analysis, intrinsic value insights, and long-term investing frameworks for Indian equities. In 2017, we transitioned to a full-fledged SEBI-registered Investment Adviser, strengthening our commitment to acting as a fiduciary—always putting the investor’s interest first.
To become India’s most trusted, research-powered fiduciary advisory platform—where every investor, regardless of experience, can make calm, confident, and well-reasoned investment decisions.
MoneyWorks4Me ensures this through: