Investment7 Sept 2026, 10:00 pm
Thomas Cook India Subsidiary Invests ₹71.28 Cr in Indonesian Arm
AI Summary
Thomas Cook (India) Ltd's step-down subsidiary, PT Asian Trails Indonesia, has received an investment of Indonesian Rupiah 712,800,000 (approximately ₹71.28 crore) through its Mauritius-based subsidiary, Asian Trails Holding Ltd. This investment was made via a rights issue, resulting in the allotment of 990 ordinary shares to AT Mauritius. Following this, AT Mauritius continues to hold a 66% stake in PT Asian Trails Indonesia. The acquired entity operates in the Travel Related Services sector and reported a turnover of Indonesian Rupiah 297,937,695,491 in 2025. The investment was made at an arm's length.
Key Highlights
- Thomas Cook's step-down subsidiary received investment via rights issue.
- Investment amount totals IDR 712,800,000 (approx. ₹71.28 Cr).
- Parent's stake in the Indonesian entity remains at 66%.
- Investment made at arm's length in travel services sector.
Price Impact
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