07
Oct
New Delhi [India], October 6: Tourism Finance Corporation of India Limited (“TFCIL”) is pleased to announce that its Board of Directors, at its meeting held on October 6, 2025, has accorded in-principle approval to enter into an exclusive term sheet with Cosmea Investment Holdco Private Limited (CIHL) for the proposed acquisition of 100% shareholding of Cosmea Investment Private Limited (CIPL), together with its specified wholly owned subsidiaries, step-down subsidiaries, and trusts (“Target Company”). The transaction will be executed through a dedicated special-purpose vehicle (SPV) or affiliate of TFCIL to be incorporated for this purpose. The Target Company has established a strong presence across diverse…
