Thomas Cook (India) shareholders re-elect director, approve key resolutions

Thomas Cook (India) Limited announced that its shareholders, at the 48th Annual General Meeting held on September 3, 2025, approved the re-appointment of Mr. Mahesh Iyer as a director liable to retire by rotation. The re-appointment was passed as an ordinary resolution with 99.9164% of votes in favor. Mr. Iyer is the managing director and chief executive officer and is not related to any other director on the board.

The shareholders also approved and adopted the audited standalone and consolidated financial statements for the fiscal year ended March 31, 2025, along with the respective reports of the board of directors and auditors. Additionally, a dividend of INR 0.45 per equity share of INR 1/- each was declared for the same financial year. All these resolutions passed with requisite majority.

Other key approvals included the payment of commission to non-executive directors for the fiscal year 2024-25 and the appointment of M/s. Dedhia Shah & Partners LLP as secretarial auditor for five years, commencing from fiscal year 2025-26 to 2029-30. Furthermore, the payment of ex-gratia, as salary, to Mr. Madhavan Menon for his services over the years was also approved as a special resolution, with 95.8267% of votes in favor.