Thomas Cook (India) Limited has announced a significant corporate restructuring move involving its material subsidiary. The company's wholly-owned subsidiary, Sterling Holiday Resorts Limited (SHRL), has received shareholder approval to relocate its registered office from Tamil Nadu to Maharashtra.

Shareholder Approval and Timeline

The relocation decision was formally approved by SHRL shareholders at an Extraordinary General Meeting held on January 5, 2026. The approval was granted based on the recommendation of Sterling Holiday Resorts Limited's Board of Directors, marking a strategic corporate move for the subsidiary.

Office Relocation Details

The registered office shift involves a complete geographical transition across states. The following table outlines the relocation specifics:

Regulatory Compliance

The office relocation is subject to completion of necessary regulatory formalities. Thomas Cook (India) Limited has made this disclosure in compliance with Regulation 30(9) of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015.

Corporate Structure Context

Sterling Holiday Resorts Limited operates as a wholly-owned material subsidiary of Thomas Cook (India) Limited. The parent company has fulfilled its disclosure obligations under SEBI Listing Regulations by informing both BSE Limited and National Stock Exchange of India Limited about this corporate development.

The announcement was signed by Amit J. Parekh, Company Secretary & Compliance Officer of Thomas Cook (India) Limited, ensuring proper corporate governance protocols were followed throughout the process.

Thomas Cook (India) Limited has disclosed receiving a regulatory order imposing a Goods and Services Tax (GST) penalty, as communicated to stock exchanges under SEBI listing regulations. The travel services company received the order on December 31, 2025, from the Superintendent, Ernakulam, Kochi Kerala.

Penalty Details and Financial Impact

The regulatory order outlines specific financial obligations for the company:

The penalty has been levied under Section 73 of the CGST/KGST Act 2017, with the total demand amount including applicable interest charges under Section 50 of the same act.

Company's Response and Legal Action

Thomas Cook India has indicated its intention to challenge the regulatory order through appropriate legal channels. The company stated it is taking necessary steps to appeal against the order before the appropriate authority and believes it has a good case on merits. According to the company's assessment, there is no material financial or operational impact expected on the entity from this penalty.

Regulatory Compliance and Disclosure

The disclosure was made in accordance with Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, read with Para A of Part A of Schedule III of the Listing Regulations. The company also referenced SEBI Master Circular No. SEBI/HO/CFD/PoD2/CIR/P/0155 dated November 11, 2024, in its compliance filing.

The intimation has been uploaded on the company's official website and communicated to both BSE Limited and National Stock Exchange of India Limited as per regulatory requirements. Company Secretary and Compliance Officer Amit J. Parekh signed the regulatory filing on behalf of Thomas Cook India.