Mumbai, April 5, 2022: Thomas Cook (India) Limited - India’s leading omnichannel travel services company has been honoured with the award for ‘Masters of Risk - Hospitality Sector’ under the Large Cap category, at the CNBC-ICICI Lombard India Risk Management Awards, 2022.

The India Risk Management Awards recognise individuals and organisations who have significantly added to the understanding and practice of risk management, especially during this worldwide crisis and effectively devised& deployed a boundary-less Risk Management architecture that augments the strength of businesses in the new normal. Judged by the finest minds in the industry, the awards celebrate organisations and individuals who have brought risk management to the centre stage.

Thomas Cook India Group has been declared the winner in the Masters of Risk - Hospitality Sector in the Large Cap category in recognition of its robust Enterprise Risk Management framework and effective use of technology. In the face of the COVID-19 pandemic, the Company’s processes have played a vital role in supporting the organization in continuously navigating and minimising risks, while maximizing business potential even in uncertain times.

Mr. Mahesh Iyer, Executive Director & CEO, Thomas Cook (India) Limited said, “As risks become more measurable and tangible, risk management is taking centre stage and becoming an integral strategic element for organizations. Despite the challenges of the pandemic, our robust enterprise risk management frameworkat Thomas Cook India played a pivotal role in our transformational journey helping us identify and address the elements that could potentially impact our business. My Team and I are honoured to acceptthe India Risk Management Award from CNBC-TV18 & ICICI Lombard and thank the jury for recognizing our efforts for the 5th time. This award is a special honour and validates the sustained delivery of our teams, pan India.”

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, Visa and Passport services. It operates leading B2C and B2B brands including Thomas Cook, SOTC, TCI, SITA, Asian Trails, Allied T Pro, Australian Tours Management, Desert Adventures, Luxe Asia, 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 25 countries across 5 continents

TCIL has been felicitated with CNBC-TV18 & ICICI Lombard India Risk Management Award - Travel & Leisure Category 2021, The Best Travel Agency – India at TTG Travel Awards 2019, The Best Outbound Tour Operator at the Times Travel Awards 2018 & 2019 and Leading Company with Cutting Edge Travel Innovation at the Times Travel Awards 2018, Silver award for Asia's Best Integrated Report (First Time) category at the Asia Sustainability Reporting Awards 2019, Best Risk Management-Framework & Systems at the India Risk Management Awards 2019; Best Cash Management Solution – India at The Asset Triple A Treasury, Trade, Supply Chain & Risk Management Awards 2018, Best Outbound Tour Operator at the SATTE Awards 2019, Excellence in Domestic Tour Operations at the SATTE Awards 2018, The French Ambassador’s Award for Exemplary Achievements in Visa Issuance – 2015 to 2019 and the Condé Nast Traveller – Readers’ Travel Awards from 2011 to 2019.

CRISIL has reaffirmed the rating on debt programmes and bank facilities of Thomas Cook (India) Limited - ‘CRISIL A+/Negative 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.

For more information, please visit www.thomascook.in

Fairbridge Capital (Mauritius) Limited, a subsidiary of Fairfax Financial Holdings Limited promotes TCIL by holding 65.60% of its paid-up capital and is responsible for the execution of acquisition and investment opportunities.

About Fairfax Financial Holdings Limited: Fairfax Financial Holdings Limited is a holding company which, through its subsidiaries, is engaged in property and casualty insurance and reinsurance and investment management. Founded in 1985 by the present Chairman and Chief Executive Officer, PremWatsa, 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:
Sterling Holiday Resorts Limited, a wholly-owned subsidiary of TCIL, is a leading Indian Leisure Hospitality company with 37 resorts across the country, providing a variety of offerings: Leisure holidays through FIT packages, Meetings & Conferences, Weddings, Reunions, Picnics and Holidays through Memberships.
SOTC Travel Limited, a wholly-owned subsidiary of TCIL, is a leading omnichannel travel and tourism company active across various travel segments including Leisure Travel, Incentive Travel and Business Travel.
Travel Corporation (India) Limited (TCI), a wholly-owned subsidiary of TCIL, is the leading Destination Management Company in India that offers tailor-made travel and related services to India, Nepal, Bhutan and Sri Lanka.
Thomas Cook India Group holds a 51% stake in DEI Holdings Limited (DEI), one of the world’s leading imaging solutions and services providers.

For more information, visit:
Sterling Holiday Resorts Limited: http://www.sterlingholidays.com
SOTC Travel Limited: http://www.sotc.in

About SOTC Travel: SOTC Travel Limited is a step-down subsidiary of Fairfax Financial Holdings held through its Indian listed subsidiary, Thomas Cook (India) Limited (TCIL). SOTC India is a leading omnichannel travel and tourism company active across various travel segments including Leisure Travel, Incentive Travel and Business Travel. SOTC was established in 1949. Since then, it has escorted millions of travellers across the globe for more than 70 years to various destinations around the world. A new age innovative holiday maker, SOTC strives to make holidays a priority for every Indian. ‘We are for holidays and we want Indians to prioritize their holidays.

Media Enquiries:
Suzanne Pereira | +91 98202 97665 | suzanne.pereira@thomascook.in