Thomas Cook Announces Leadership Transition: Madhavan Menon Retires as Executive Chairman​ Continues as Non-Executive Chairman from June 1

Mumbai, June 1, 2025 — Thomas Cook (India) Limited announced a key leadership change today, marking the retirement of Mr. Madhavan Menon from the position of Executive Chairman. Effective from the close of business hours on May 31, 2025, Mr. Menon has stepped down from his executive role and will now serve as the Non-Executive Chairman of the company and its Board of Directors starting June 1, 2025.

The change is part of a previously approved transition plan, with the Board of Directors approving the move on February 3, 2025, followed by shareholder approval on April 17, 2025.

According to a regulatory filing submitted under Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, the company clarified that this transition follows Mr. Menon’s retirement from executive responsibilities. No new appointment or reappointment is associated with this change, and no additional director relationships or brief profiles were disclosed as it does not involve a new board induction.

The announcement was formally communicated by Amit J. Parekh, Company Secretary and Compliance Officer of Thomas Cook (India) Limited.

This development reflects the company’s structured succession and governance strategy as it continues to steer its leadership under a seasoned hand in a non-executive capacity.

REF:https://nsearchives.nseindia.com/corporate/THOMASCOOK_01062025085001_Reg_30_-_Change_in_designation_of_MM.pdf

Disclaimer: At HDFC SKY, we take utmost care and due diligence in curating and presenting news and market-related content. Every effort is made to ensure the accuracy, relevance, and timeliness of the information provided. However, inadvertent errors or omissions may occasionally occur.

Should you have any concerns, queries, or wish to point out any discrepancies in our content, please write to us at content@hdfcsec.com. Your feedback is valuable and helps us maintain the highest standards of content integrity.

Please note that the information shared is intended solely for informational purposes and should not be construed as investment advice. Users are advised to consult their financial advisors before making any investment decisions.