Thomas Cook (India) arm to merge subsidiaries

Our Bureau Mumbai | Updated on November 04, 2014 Published on November 04, 2014

Thomas Cook (India) said its subsidiary IKYA Human Capital Solutions has proposed the merger of the latter’s subsidiaries Magna Infotech, Avon Facility Management Services and Hofincons Infotech & Industrial Services with itself.

IKYA has informed the parent company that the board of its subsidiaries had approved the merger scheme.

In a communication to the stock exchange, Thomas Cook (India) said IKYA would like to integrate and consolidate its subsidiaries to streamline its business in India.

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Published on November 04, 2014
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