Thomas Cook (India) Limited has quietly but decisively strengthened its governance line-up with the addition of two veteran independent voices to its board. In a move approved by shareholders via a postal ballot concluded on March 12, 2026, Gurumoorthy Mahalingam has been appointed as a Non-Executive Independent Director for a five-year term, effective December 19, 2025, through December 18, 2030. Separately, Sharmila A. Karve has been re-appointed as a Non-Executive Independent Director for a second five-year term, from May 29, 2026 to May 28, 2031. Both appointments are designed to deepen the board’s oversight and governance capabilities as the company navigates a dynamic market backstrop.
Mr. Gurumoorthy Mahalingam arrives with more than four decades of experience across the financial sector, including stints with the Reserve Bank of India and the Securities and Exchange Board of India. In RBI and SEBI, he contributed to committees on forex markets, financial benchmarks and corporate bond markets, and he served as a quasi-judicial authority in a large portfolio of market investigations. His academic credentials include a Master’s in Statistics from IIT Kanpur and an MBA in International Banking and Finance from the University of Birmingham, underscoring a rare blend of quantitative rigor and strategic finance insight that the board may leverage in risk and policy discussions.
Sharmila A. Karve, a Chartered Accountant with a long career in finance, governance and inclusion, brings a practitioner’s eye to the boardroom. Her professional arc includes leadership roles at PwC Global and governance roles across several listed and financial services entities, where she has been a Diversity & Inclusion advocate and financial steward. She currently sits on boards including Syngene International Limited, EPL Limited, CSB Bank and Aadhar Housing Finance Limited. Her second-term appointment strengthens the board’s financial oversight and governance disciplines, complementing the company’s broader strategy and stakeholder accountability.
Together, the appointments reflect Thomas Cook (India) Limited’s emphasis on independent oversight and governance maturity. With governance veterans steering from the boardroom, the company signals a clear intent to bolster accountability, strategic guidance, and risk management as it continues to execute on growth opportunities and navigate a complex financial landscape.