SSG Capital acquired a total of 4.99% of equity stake in Tourism Finance Corporation of India (TFCI) in a combination of on-market and off market transactions. SSG’s FPI arm purchased 1.99% equity stake as market purchase and FDI arm viz. Tamaka Capital (Mauritius) Limited acquired 3% from Redkite Capital Private Limited through off-market purchase, according to BSE filings.

Cyril Amarchand Mangaldas advised SSG Capital Management (Singapore) Pte. Limited led by a team of partner Ravi Kumar and partner Gautam Gandotra.

2019-09-11

Deal value: Confidential

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