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Thomas Cook India shares plunge 5% as two-day OFS kicks off

Thomas Cook India: The OFS by the promoter entity for 8.5 per cent stake is being offered at floor price of Rs 125. The floor price was at steep 21 per cent discount to Wednesday's closing price of Rs 158.25 for Thomas Cook India.

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Thomas Cook Promoter To Sell 6 8% Stake Via OFS

Fairbridge Capital (Mauritius) Ltd., a promoter entity of Thomas Cook India, will sell up to 3.2 crore shares or 6.8% stake via offer for sale. The promoter will sell an additional 80 lakh shares or 1.7% stake if the offer for sale is oversubscribed, it said in its exchange filings on Wednesday.

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