Thomas Cook (India) Limited has informed the Exchange about Action(s) initiated or orders passed
THOMASCOOK · price
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Awaiting price reaction for this filing.
Thomas Cook (India) has received an order from the Excise and Taxation Officer of State Tax, SGST, Gurugram (Haryana) on December 30, 2025. The order confirms a tax demand of about ₹1.02 crore, interest of about ₹77.84 lakh, and a penalty of about ₹10.22 lakh under Sections 50 and 73 of the CGST Act, 2017. The total financial exposure from this order is roughly ₹1.9 crore. The company has stated it will appeal the order before the appropriate authority and believes it has a good case on merits. The company has clarified that there is no material financial or operational impact on its business from this order.
The total demand of around ₹1.9 crore is relatively small for a company of Thomas Cook's size, and the company has confirmed no material impact on operations or financials. Shareholders are unlikely to see a significant stock reaction, though the appeal process will be worth monitoring for any escalation.