Quess Group is a step-down subsidiary of Fairfax Financial Holdings Group; held through its Indian listed subsidiary, Thomas Cook (India) Limited.
Fairfax was incorporated on March 13, 1951 under the Canada Corporations Act and continued under the Canada Business Corporations Act in 1976.
Fairfax is a holding company which, through its subsidiaries, is engaged in property and casualty insurance and reinsurance and investment management.
TCIL was incorporated as a private limited company pursuant to a certificate of incorporation dated October 21, 1978 at Mumbai, Maharashtra under the Companies Act, 1956. Thereafter, TCIL was converted into a public limited company and the name was changed to Thomas Cook (India) Limited. A certificate of change of name consequent upon conversion to a public limited company was issued on March 12, 1979. The registered office of TCIL is Thomas Cook Building, Dr. DN Road, Fort, Mumbai 400 001, Maharashtra, India.
TCIL is primarily engaged in the business of carrying on the business of general travel passenger, tourist and transport agents and contractors and organisers of travel by land, water or air and foreign exchange related services.
TCIL’s equity shares have been listed on the BSE and the NSE since February 1983 and June 2000, respectively.
Fairbridge Capital (Mauritius) Limited is the promoter of TCIL, which is a part of the Fairfax group. Fairfax Financial Holdings Limited is the ultimate holding company of our corporate Promoter, TCIL. The natural person who is the ultimate beneficial owner of TCIL is V Prem Watsa.