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Sterling Holiday Resorts India has received an approval for merger of company’s subsidiary Manchanda Resorts with itself. The board at its meeting held on October 17, 2012 has approved for the same.

Sterling Holiday Resorts India is in the business of developing and running holiday resorts, hotel, restaurants etc. It has holiday resorts at various cities including Ooty, Kodaikanal, Goa, Manali, Munnar, Puri, Darjeeling, Lonavala, Gangtok etc.

Peers
Company Name CMP
The Indian Hotels Co 743.70
ITC Hotels 159.35
Mahindra Holi.&Resor 199.70
EIH 305.30
Chalet Hotels 878.60
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