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) Limited received an order dated December 31, 2025 from the Superintendent of Ernakulam, Kochi, Kerala, under the CGST Act 2017. The authority has confirmed a tax demand of ₹13,73,271 along with applicable interest under Section 50 and a penalty of ₹1,53,668 under Section 73 of the CGST Act. The total financial impact is relatively small for a company of this size. The company has stated it is taking steps to appeal the order before the appropriate authority and believes it has a good case on merits. Importantly, management has clarified there is no material financial or operational impact on the entity from this order.
The penalty and demand together amount to roughly ₹15.27 lakh, which is not material for the company's financials. Shareholders should not see any meaningful impact on the stock price, though the appeal process will be monitored for any adverse outcome.