Thomas Cook Invests ₹2.5 Cr in JV IHMSL

Thomas Cook (India) Ltd invested ₹2.5 crore by subscribing to 25,00,000 Class A Equity Shares of IHMSL at ₹10 each.
The investment is in Indian Horizon Marketing Services Limited, a JV with Atirath Technologies, to co-develop a Travel AI Platform.
Thomas Cook retains 100% of Class A Equity Shares post-allotment; allotment is expected by April 8, 2026.
The transaction is classified as a related party transaction, conducted at arm's length, disclosed under SEBI Regulation 30.