Thomas Cook (India) Ltd. Announces Conversion of Inter-company Loan, Appoints New Chief Business Officer and President

Thomas Cook (India) Ltd. has announced the conversion of an inter-company loan given to its non-material wholly-owned subsidiary, Thomas Cook Lanka (Private) Limited, into Optionally Convertible Cumulative Redeemable Preference Shares (OCCRPS). The company has also appointed Mr. Deepesh Varma as the Chief Business Officer - Foreign Exchange and Senior Management Personnel, and Ms. Deepti Sheth as the President and Group Head - Human Resources and Senior Management Personnel, both effective from April 1, 2026. The board meeting, which commenced at 3.45 P.M. (IST) and concluded at 6.00 P.M. (IST), also discussed other matters including the appointment of Mr. Deepesh Varma and Ms. Deepti Sheth's profiles and details as per the SEBI regulations.