Nature of the Disclosure
Thomas Cook (India) Limited has submitted an intimation under Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, regarding an order received from a regulatory authority.
Key Quantitative Figures
The company has received an order from the Commercial Tax Officer, Chennai Central, Tamil Nadu, confirming a demand for:
- Short payment of GST: ₹1,25,434
- Applicable interest: ₹1,14,932
- Penalty: ₹1,25,434
Total Demand: ₹3,65,800
Dates of Action
The order was dated May 22, 2026, and was received by the company after business hours on the same date. The intimation to the stock exchanges was made on May 23, 2026.
Parties or Entities Involved
The regulatory authority is the Commercial Tax Officer, Chennai Central, Tamil Nadu. The order was issued under Section 50 of the CGST Act 2017 (for interest) and Section 74 of the CGST Act 2017 (for penalty).
Financial or Operational Impact
The company explicitly states: "However, there is no material financial or operational impact on the entity."
Company Response
The company is evaluating necessary steps ahead with regard to the amount upheld.
Additional Information
The intimation has been uploaded on the company's website at https://www.thomascook.in/stock-exchange-intimation.
The disclosure was signed by Amit J. Parekh, Company Secretary & Compliance Officer of Thomas Cook (India) Limited.