We hereby enclose intimation under Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 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 has disclosed receiving 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 related to Input Tax Credit (ITC) wrongly adjusted against tax liability for 5% turnover. Additionally, interest of INR 18,57,870 and a penalty of INR 3,33,098 have been levied under Section 50 and Section 73 of the CGST Act 2017 respectively. The company states it will appeal against the order before the appropriate authority and believes it has a good case on merits. The total demand including interest and penalty amounts to approximately INR 55.22 lakh.
The company claims no material financial or operational impact, though this represents an adverse regulatory order requiring potential legal costs for appeal. The stock may see minor negative sentiment given the penalty and pending appeal.