Thomas Cook (India) Limited has informed the Exchange about transfer of 49196 equity shares of Re. 1/- each from Thomas Cook (India) Limited ESOP Trust ("ESOP Trust") acting through its Trustee, IDBI Trusteeship Services Limited to eligible employees under various ESOP Schemes.
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Thomas Cook (India) Limited has informed the stock exchanges that 49,196 equity shares of Re. 1 each have been transferred from its ESOP Trust to eligible employees. Out of these, 3,000 shares were transferred under the Thomas Cook ESOP Scheme - Management 2018, and 46,196 shares under the Thomas Cook ESOP Scheme - EXECOM 2018. The transfer was approved by the Nomination and Remuneration Committee on March 13, 2026, following the exercise of stock options by employees. The ESOP Trust is acting through its trustee, IDBI Trusteeship Services Limited, to complete the share movement.
This is a routine ESOP allotment process, not a fresh dilution — shares are moving from the company's ESOP trust into employees' hands. The scale is very small relative to typical share volumes, so the impact on stock price is negligible.