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Thomas Cook India Approves Vesting of 46,196 Stock Options
Thomas Cook (India) Limited
February 5, 2026, 03:24 PM
Thomas Cook (India) Limited's Nomination and Remuneration Committee approved the vesting of 46,196 stock options under its ESOP 2018 – Execom scheme on February 5, 2026. Options were granted at Re 1/- each and are exercisable within 20 years.
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Thomas Cook (India) Limited announced the vesting of 46,196 stock options under the Thomas Cook Employees Stock Option Scheme 2018 – Execom (ESOP 2018 - Execom). The approval was granted by the Nomination and Remuneration Committee of the Board of Directors on February 5, 2026.
These options were granted at an exercise price of Re 1/- per stock option. Upon exercise by eligible employees, 46,196 equity shares of the company will be transferred from the Thomas Cook (India) Limited ESOP Trust. The ESOP 2018 – Execom is in compliance with SEBI (Share Based Employee Benefits and Sweat Equity) Regulations, 2021.
The vested options are exercisable within a period of 20 years from the vesting date. The announcement also details provisions for variations in terms of options, lapse of unexercised options, and their treatment in cases of employee separation, death, or retirement.
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