BusinessPhoto: Business StandardSterling Holidays Demerger Expected by July 2027: Thomas Cook
Sterling Holiday Resorts, a Thomas Cook India subsidiary, aims to complete its demerger by July 2027. The plan has cleared NSE, BSE, and SEBI approvals and is now with the National Company Law Tribunal (NCLT), which held its first hearing. CEO Mahesh Iyer noted stable profits despite rising airfares and plans to expand distribution in tier-2 and tier-3 cities while investing in technology and digital assets.
Business Standard·




