TCThomas Cook (India)500413Subsidiary or JV

Digiphoto Entertainment Imaging INC., Ontario, Canada, voluntarily dissolved as step-down subsidiary

Thomas Cook (India) Ltd's step-down subsidiary Digiphoto Entertainment Imaging INC., Ontario, Canada, has been voluntarily dissolved.

By ScoutQuest · Wed 14 Oct 2026, 10:04 PM IST · 1 min read

Revenue/Income Contribution (last financial year)

Nil

Net Worth as on October 14, 2026

Nil

Material Subsidiary Status

Not a material subsidiary

What the company informed the exchanges

Thomas Cook (India) Limited has informed BSE and NSE that it received an intimation on even date from Travel Circle International (Mauritius) Limited, an indirect wholly owned subsidiary of the company. That intimation states that Digiphoto Entertainment Imaging INC., Ontario, Canada, has been voluntarily dissolved. The entity was a wholly owned subsidiary of DEI Holdings Limited and a step-down subsidiary of Travel Circle International (Mauritius) Limited.

What the company states about the impact

• It was not a material subsidiary of the company.
• The dissolution of this step-down subsidiary will not affect the revenue, business or profitability of the company.

Figures given in the annexure

• Turnover, revenue or income contributed by the step-down subsidiary during the last financial year: Nil.
• Net worth of the step-down subsidiary as on October 14, 2026: Nil.
• Because this is a dissolution and not a sale, the annexure marks the date of any sale agreement, the expected date of completion, the consideration received, details of buyers, the related-party question, the scheme-of-arrangement question and the slump-sale disclosures as Not Applicable.

How a reader can look at it

This is an update on the group's structure: an overseas step-down subsidiary has been closed voluntarily. Against that entity, the update records Nil revenue or income contribution for the last financial year and Nil net worth as on October 14, 2026, and the company states there is no effect on its revenue, business or profitability.

Points to remember

• The update's own term is that the entity has been voluntarily dissolved; the annexure entries relate to a dissolution, not a sale.
• The two figures to note are the revenue/income contribution of Nil and the net worth of Nil as on October 14, 2026.

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