Key Event Details
The Company received intimation on October 14, 2026 from Travel Circle International (Mauritius) Limited (TCIML), its indirect wholly owned subsidiary, stating that Digiphoto Entertainment Imaging INC., Ontario, Canada has been voluntarily dissolved. Digiphoto Entertainment Imaging was a wholly-owned subsidiary of DEI Holdings Limited and a step-down subsidiary of TCIML.
Financial and Operational Impact
The disclosure explicitly states that this was not a material subsidiary of Thomas Cook (India) Limited. The dissolution will not affect the revenue, business, or profitability of the Company.
Regulatory Compliance Details
The disclosure was made to both BSE Limited (Scrip Code: 500413) and National Stock Exchange of India Limited (Scrip Code: THOMASCOOK) on October 14, 2026. The filing references SEBI Master Circular HO/49/14/14(7)2025-CFD-POD2/I/3762/2026 dated January 30, 2026.
Annexure Details (Financial Metrics)
The annexure to the disclosure provides the following specific financial details:
- Turnover/revenue/income contributed by the step-down subsidiary during the last financial year: Nil
- Net worth of the step-down subsidiary as on October 14, 2026: Nil
All other standard disclosure parameters (sale agreement date, completion date, consideration, buyer details, related party transaction status, scheme of arrangement details, and slump sale disclosures) were marked as "Not Applicable" in the annexure.