NSEPress Release13 Jul 2026 · 13 Jul 2026, 02:36 pm
Press Release
Thomas Cook (India) Limited · THOMASCOOK
✦ AI Summary▲ PositiveProduct Launch
Thomas Cook India introduces Zero Markup Forex Card for frequent travellers, offering zero markup and zero cross-currency conversion charges, and protection against currency volatility.
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Full Announcement
Thomas Cook (India) Limited has informed the Exchange regarding a press release dated July 13, 2026, titled "Thomas Cook India introduces Zero Markup Forex Card for frequent travellers seeking more value from their overseas spends".
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July 13, 2026
The Manager, The Manager,
Listing Department Listing Department
BSE Limited National Stock Exchange of India Limited
Phiroze Jeejeebhoy Towers, Exchange Plaza, 5th Floor, Plot No. C/1,
Dalal Street, G Block, Bandra-Kurla Complex, Bandra (E),
Mumbai – 400 001 Mumbai – 400 051
Scrip Code: 500413 Scrip Code: THOMASCOOK
Fax No.: 2272 2037/39/41/61 Fax No.: 2659 8237/38
Dear Sir/ Madam,
Sub: Press Release – Intimation under Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements)
Regulations, 2015.
We are enclosing herewith the Press Release dated July 13, 2026 titled, “Thomas Cook India introduces Zero Markup Forex
Card for frequent travellers seeking more value from their overseas spends”.
This is for your information and records.
Thank you.
Yours faithfully,
For Thomas Cook (India) Limited
Amit J. Parekh
Company Secretary and Compliance Officer
Encl: a/a
Thomas Cook India introduces Zero Markup Forex Card for frequent
travellers seeking more value from their overseas spends
Relaunches its One Currency Card with Zero Mark-up, Zero Cross-Currency Conversion charges
Offering travellers protection against currency volatility during international travel
Mumbai, July 13, 2026: Thomas Cook (India) Limited, India’s leading omnichannel foreign exchange services
provider, has introduced Zero Markup Card by relaunching its One Currency Card with Zero Mark-up and Zero
Cross-Currency Conversion Charge. Designed for India’s rapidly growing base of digitally savvy and frequent
international travellers, the card offers a smarter, more transparent and cost-efficient payment solution for
overseas travel.
The company’s latest offering combines the convenience of modern travel cards with the inherent advantages of
a prepaid forex card, including the ability to lock in foreign exchange rates before travel. This provides
customers protection against currency volatility — a key concern amid the heightened fluctuations witnessed
across global currencies this year.
The Zero Markup Card has been specially designed to address four key pain points faced by travellers today:
• Zero Forex Markup on card loading: eliminating additional forex mark-up charges at the time of
purchasing or loading foreign exchange.
• Zero Cross-Currency Conversion Charges: enabling travellers to make seamless payments in
currencies beyond USD without incurring additional conversion costs or worrying about access to local
currency.
• Protection against currency volatility: allowing travellers to pre-load the card in USD and lock in
exchange rates before travel, helping safeguard against fluctuations in the Indian Rupee and major
global currencies such as the US Dollar. Customers may also benefit if the US Dollar appreciates after
the card has been loaded.
In line with the evolving preferences of today’s digitally connected traveller, the Zero Markup Card is available
exclusively through Thomas Cook India’s digital-first platforms. Customers can conveniently purchase the card
via the website (thomascook.in), mobile app (TC Pay), WhatsApp, call centre, and it can also be ordered
through Blinkit.
The Thomas Cook Zero Markup Card also offers several travel-friendly features and benefits, including:
• Get 10% cashback on spends across popular brands like McDonald’s, Starbucks, KFC, Grab, Uber, 7
Eleven and Careems.
• Secure contactless payments through Google Pay’s Tap & Pay
• Complimentary insurance cover of up to ₹7,50,000
• Free emergency cash assistance and zero-cost card replacement if the card is lost or stolen during
travel
• Global acceptance across more than 200 countries and territories, wherever Mastercard is accepted
Mr. Deepesh Varma, Chief Business Officer – Foreign Exchange, Thomas Cook (India) Limited, said,
“Today’s travellers are far more value-conscious and digitally savvy when it comes to international spending.
Our Zero Markup Forex Card has been designed to address the very specific needs of today’s traveller by
combining zero markup and zero cross-currency conversion charges with the unique advantage of locking in
exchange rates before travel. This gives customers greater control over their overseas spends while protecting
them from unpredictable exchange rate movements during their journey – an advantage that is especially
relevant in today’s volatile currency environment. The initiative reiterates Thomas Cook’s position as ‘India ka
Forex Specialist’ and reflects our sustained focus on innovation and elevated customer experience.”
About Thomas Cook (India) Limited:
Set up in 1881, Thomas Cook (India) Limited (TCIL) is the leading omnichannel travel company in the country offering a
broad spectrum of services including Foreign Exchange, Corporate Travel, MICE, Leisure Travel, Value Added Services,
and Visa Services. It operates leading B2C and B2B brands including Thomas Cook, SOTC, TCI, SITA, Asian Trails, Allied
TPro, Australian Tours Management, Desert Adventures, Travel Circle International Limited (TCI 勝景遊), Sterling Holiday
Resorts Limited, Distant Frontiers, TC Tours, Digiphoto Entertainment Imaging (DEI), Go Vacation, Private Safaris East &
South Africa.
As one of the largest travel service provider networks headquartered in the Asia-Pacific region, The Thomas Cook India
Group spans 28 countries across 5 continents.
TCIL has been felicitated with ET Edge’s Best Organizations for Women (BOW) 2026, MICE Powerhouse at MaxiiiMICE
Awards 2025, Outbound Travel Operator of the Year (2024) and MICE Travel Operator of the Year (2024 & 2023) at The
Economic Times Travel & Tourism Annual Awards, MICE Travel Agency (Outbound) at the Economic Times MICE &
Wedding Tourism Awards 2024, 'Masters of Risk - Travel & Hospitality' at India Risk Management Awards 2024, MICE Tour
Operator of the Year - Outbound at SATTE 2024, Best Tour Operator at India Travel Awards North 2023, winner of the
Corporate Citizen Award (Travel Tourism & Hospitality) at the Corporate Citizen Conclave & Award 2023, The Outbound
Tour Operator of the Year 2022 at the SATTE Awards, IAMAI India Digital Awards 2022, CNBC-TV18 & ICICI Lombard India
Risk Management Award - Travel & Leisure Category 2022 & 2021, CIO100 Award for digital innovation 2022.
CRISIL has reaffirmed the rating on debt programs and bank facilities of TCIL - ‘CRISIL AA/Stable’ on the long-term bank
facilities of TCIL and ‘CRISIL A1+’ rating on the short-term bank facilities and short- term debt of the company. The highest
rating for a travel & tourism company in India.
For more information, please visit www.thomascook.in
Fairbridge Capital (Mauritius) Limited, a subsidiary of Fairfax Financial Holdings Limited, is the promoter of TCIL with a
shareholding of 63.83% of its paid-up capital.
About Fairfax Financial Holdings Limited:
Fairfax Financial Holdings Limited is a holding company which, through its subsidiaries, is primarily engaged in property and
casualty insurance and reinsurance and the associated investment management. Founded in 1985 by the present Chairman
and Chief Executive Officer, Mr. V. Prem Watsa, the company is headquartered in Toronto, Canada. Its common shares are
listed on the Toronto Stock Exchange under the symbol FFH and in U.S. dollars under the symbol FFH.U.
About Subsidiaries of Thomas Cook (India) Limited (TCIL):
Sterling Holiday Resorts Limited
Sterling Holiday Resorts Limited Sterling Holiday Resorts Limited, a wholly owned subsidiary of TCIL is a leading leisure
hospitality company with over 78 resorts, hotels and retreats across 48 locations in India covering hills, beaches, jungles,
waterfront, adventure, heritage, pilgrimage and drive-to locations. Sterling provides a variety of offerings: Leisure holidays
through FIT packages, Meetings & Conferences, Weddings, Reunions, Picnics and Holidays.
SOTC Travel Limited
SOTC Travel Limited is a step-down subsidiary of Fairfax Financial Holdings held through its Indian listed subsidiary,
Thomas Cook (India) Limited (TCIL). SOTC Travel is a leading
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