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CAM acts for Redkite, SSG on $47m takeover of Tourism Finance Corp of India

Redkite Capital Private Limited (Redkite Capital) and SSG’s India Opportunities III Pte Limited (SSG), a SEBI registered Foreign Portfolio Investor, acquired a controlling stake in Tourism Finance Corporation of India (TFCI), a listed Non-banking Financial Company (NBFC), according to a SEBI filing.

Cyril Amarchand Mangaldas advised Redkite Capital Private Limited and SSG’s India Opportunities III Pte Limited, a SEBI registered foreign portfolio investor, led by a team of partner Ravi Kumar, partner Gautam Gandotra, principal associate Gagan Sharman.


Deal value: USD 47.3 million approximately

This deal report is based on a firm's press release and may be only partially complete. Some firms or names of advisers may be therefore be missing.

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