Thomas Cook (India) Limited has informed the Exchange about Action(s) taken or orders passed

Thomas Cook (India) Limited received an order dated May 25, 2026 from the Commercial Tax Officer, Group-IX, Intelligence-I, Chennai. The order confirms a tax demand of INR 33,30,988 for Input Tax Credit wrongly adjusted against tax liability for 5% Turnover. Additionally, the authority levied interest of INR 18,57,870 and a penalty of INR 3,33,098 under Section 50 and Section 73 of the CGST Act 2017 respectively. The total demand including interest and penalty amounts to approximately INR 55.22 lakhs. The company has stated it will appeal against the order before the appropriate authority and believes it has a good case on merits. Management also clarified there is no material financial or operational impact on the entity.