Thomas Cook (India) Limited has announced key changes in its board of directors following its 49th Annual General Meeting held on September 10, 2026. Shareholders approved the re-appointment of Mr. Sumit Maheshwari as a Non-Executive Director. Concurrently, Mr. Chandran Ratnaswami, who was liable to retire by rotation, was not re-appointed as he did not seek re-election. Mr. Maheshwari is not debarred from directorship by any authority.
Board Appointments and Changes
Thomas Cook (India) Limited has informed the stock exchanges about significant decisions made by its shareholders at the 49th Annual General Meeting, held on September 10, 2026. These decisions pertain to the composition of the company’s Board of Directors.
Re-appointment of Mr. Sumit Maheshwari
Shareholders have approved the re-appointment of Mr. Sumit Maheshwari (DIN: 06920646) as a Non-Executive Director. Mr. Maheshwari is liable to retire by rotation and his re-appointment ensures continuity on the board. The company confirmed that Mr. Maheshwari is not subject to any SEBI orders or other debarments from holding a director’s position.
Profile of Mr. Sumit Maheshwari
Mr. Maheshwari joined Fairbridge Capital in 2011 and has served as its Managing Director since May 2018. His expertise lies in sourcing, evaluating, negotiating, executing, and exiting investment opportunities, along with monitoring portfolio companies. He has been involved with significant investments including Bangalore Airport, Sanmar Group, and Quess Corp, among others. He also sits on the boards of several Fairfax portfolio companies. His professional background includes audit and accounting advisory roles at KPMG in India and the UK. He is a qualified Chartered Accountant and holds postgraduate qualifications in Management from the Indian School of Business, Hyderabad, in addition to Bachelor’s and Master’s degrees in Commerce from the University of Mumbai. Mr. Maheshwari has no disclosed relationships with other Directors on the Board.
Non-Re-appointment of Mr. Chandran Ratnaswami
In a separate resolution, shareholders approved the non-re-appointment of Mr. Chandran Ratnaswami (DIN: 00109215). Mr. Ratnaswami was also liable to retire by rotation but did not seek re-appointment. The cessation of his tenure is effective from September 10, 2026.
Source: BSE
