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.

2018-03-11

Deal value: USD 47.3 million approximately

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