The bulletin has elaborated that Thomas Cook (India) Ltd (TCIL) is a completely separate entity from Thomas Cook UK post acquisition of 77 per cent stake by Canada-based Fairfax Financial Holdings in 2012.
The company has decided to offer sops to celebrate the Lok Sabha election and launched 'Ghar Jao Vote Karo' campaign ahead of the polls that begins Thursday.
The company had posted a net profit of Rs 20.03 crore for the corresponding period of the previous fiscal, Thomas Cook India said in a BSE filing.
Shares in Thomas Cook (India) Ltd surged to its highest since September 2010 after Business Standard reported parent Thomas Cook Group was looking to sell a stake at a significant premium, citing unnamed market sources.
By Mr. Madhavan Menon – Managing Director, Thomas Cook (India) Ltd