Thomas cook (India) Limited has announced a key leadership transition in its human resources department, with the retirement of a senior executive and the appointment of her successor.

Senior Management Transition

The company has informed stock exchanges about the retirement of Mrs. Mona Cheriyan, who served as President & Group Head, Human Resources and was designated as Senior Management Personnel. Her retirement became effective from the close of business hours of March 31, 2026.

Succession Planning

To ensure continuity in the human resources function, Thomas Cook India has already appointed Ms. Deepti Sheth as the new President and Group Head - Human Resources. She has been designated as Senior Management Personnel of the company with effect from April 1, 2026. The company had previously communicated this appointment to the stock exchanges through an intimation dated March 20, 2026.

Regulatory Compliance

The announcement was made in compliance with Regulation 30 of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015. The company provided detailed information as per the requirements of SEBI Master Circular No. HO/49/14/14(7)2025-CFD-POD2/I/3762/2026 dated January 30, 2026.

The intimation was filed with both BSE Limited and National Stock Exchange of India Limited on April 1, 2026, signed by Company Secretary and Compliance Officer Amit J. Parekh. This leadership transition reflects the company's commitment to maintaining strong governance practices and ensuring smooth operational continuity in its human resources management.

Thomas Cook (India) Limited has successfully resolved a significant income tax dispute, bringing closure to a pending demand of Rs. 159.5 Mn for Assessment Year 2018-19. The resolution was confirmed through an official order received on March 30, 2026, marking a positive development for the travel and tourism company.

Tax Dispute Resolution Details

The company received an order from the Office of the Deputy Commissioner of Income Tax Circle 1(3)(1), Mumbai, regarding the resolution of the pending dispute. The order was issued under section 143(3) read with section 254 of the Income-tax Act, 1961.

Financial Impact Assessment

The company has confirmed that the resolution of this tax demand will have no adverse financial impact on its operations. According to the regulatory filing, since the demand has been resolved, there is no impact on the financial operations or other activities of the company.

Regulatory Compliance

Thomas Cook (India) Limited communicated this development to stock exchanges in compliance with Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. The intimation was filed under the requirements for updates on pending litigations and disputes, demonstrating the company's commitment to transparent disclosure practices.

Corporate Governance

The regulatory filing was signed by Amit J. Parekh, Company Secretary & Compliance Officer, and has been made available on the company's website for stakeholder access. This resolution eliminates a pending regulatory matter and provides clarity on the company's tax position for the specified assessment year.