Subsidiary14 Oct 2026, 10:10 pm
Thomas Cook India Dissolves Stepdown Subsidiary Digiphoto
AI Summary
Thomas Cook (India) Ltd has announced the voluntary dissolution of its step-down subsidiary, Digiphoto Entertainment Imaging INC., based in Ontario, Canada. This subsidiary was wholly owned by DEI Holdings Limited, which is itself a wholly-owned subsidiary of Travel Circle International (Mauritius) Limited, an indirect wholly-owned subsidiary of Thomas Cook (India) Ltd. The company has clarified that Digiphoto was not a material subsidiary and its dissolution will not impact Thomas Cook India's revenue, business, or profitability. Financial disclosures indicate that the subsidiary contributed nil to turnover/revenue and had nil net worth as of October 14, 2026.
Key Highlights
- Thomas Cook India's step-down subsidiary Digiphoto has been voluntarily dissolved.
- The dissolved subsidiary was not material to the company's operations.
- Dissolution will not affect Thomas Cook India's revenue or profitability.
- The subsidiary contributed nil to revenue and had nil net worth.
Price Impact
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