demerges resorts arm into Sterling Holidays. Thomas Cook (India) Ltd gives in-principle approval to demerge resorts business into Sterling Holiday Resorts Ltd. Demerger aims to separate resorts business, with TCIL shareholders receiving 0.81 shares of SHRL for every TCIL share. TCIL will consolidate shares, reduce face value, and merge dormant subsidiaries to reduce administrative costs. Please note that the information shared is intended solely for informational purposes and does not make any investment recommendations.