The company said no decision in respect of the proposed restructuring has been taken and there is a need to examine the specifics of the proposal.
At 11:48 am; Thomas Cook (India) was trading 7% higher at Rs 257 on the BSE, as compared to 0.93% decline in the S&P BSE Sensex. A combined 1.94 million shares changed hands on the BSE and NSE so far. The stock is trading close to its 52-week high of Rs 274 touched on January 15, 2018 in intra-day trade.
Quess Corp, on the other hand was down 7% at Rs 943, after falling nearly 10% to Rs 918 on the BSE in early morning trade. A combined 186,016 shares changed hands on the BSE and NSE so far. Thomas Cook (India) holds 49% stake in Quess Corp as of December 2017, the shareholding pattern data shows.