Thomas Cook (India) Limited has informed the Exchange about transfer of 24388 equity shares of Re. 1/- each from IDBI Trusteeship Services Limited to eligible employees of the Company under the various ESOP Schemes.
THOMASCOOK · price
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Thomas Cook (India) Limited has informed the exchanges that 24,388 equity shares of Re. 1 each are being transferred from the ESOP Trust (held by IDBI Trusteeship Services Limited) to eligible employees who have exercised their stock options. Of these, 8,400 shares are under the Thomas Cook ESOP Scheme – Management 2018 and 15,988 shares under the Thomas Cook ESOP Scheme – EXECOM 2018. The transfer was approved by the Nomination and Remuneration Committee on February 12, 2026. This is a routine exercise of employee stock options that were already granted earlier.
This is a routine ESOP allotment with negligible dilution given the small size (24,388 shares). It signals that employees are actively exercising their stock options, which reflects employee confidence in the company, but is unlikely to move the stock price meaningfully.