Thomas Cook Promoter Offloads 8.5% Stake Via OFS

Thomas Cook (India) Ltd.'s promoter entity Fairbridge Capital (Mauritius) Ltd. cut 8.5% stake in the company via an offer for sale.

The promoter sold 4 crore equity shares of Thomas Cook, with a face value of Rs 1 each on Nov. 30 and Dec. 1, an exchange filing said.

Post the stake sale, the promoters' stake will be reduced from 72.34% to 63.84%.

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