Tourism Finance Corporation of India Limited
Setu decreased its stake in Tourism Finance Corporation of India Limited from 2.32% to 1.78%, selling 25,00,000 shares.
A specialized financial institution that provides loans and credit facilities exclusively to India's tourism sector, including hotels, resorts, restaurants, food courts, amusement parks, ropeways, and multiplexes. The company focuses on financing tourism-related businesses and hospitality infrastructure projects across the country. Its distinctive role centers on supporting the growth and development of the tourism and entertainment industries through targeted financial assistance.
(Setu AIF Trust) managed by Bengaluru-based Mountain Managers Pvt Ltd with Catalyst Trusteeship as trustee. Multi-sector India fund including listed-equity investments.