We hereby enclose intimation under Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations 2025 regarding a regulatory order.
THOMASCOOK · price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Thomas Cook (India) Ltd received an order dated May 22, 2026 from the Commercial Tax Officer, Chennai Central, Tamil Nadu. The order confirms a GST demand of INR 1,25,434 for short payment, along with applicable interest of INR 1,14,932 and penalty of INR 1,25,434. The penalty has been levied under Section 74 of the CGST Act 2017. The company has stated that it is evaluating necessary steps regarding this amount. However, the company has clarified that there is no material financial or operational impact on the entity from this order. The total quantifiable liability including demand, interest and penalty amounts to approximately INR 3.65 lakhs.
With a total exposure of around INR 3.65 lakhs, this order is not material for Thomas Cook given its scale of operations. While it represents an adverse regulatory action on a tax compliance matter, the financial impact is negligible and unlikely to affect the stock price significantly.