Tourism Finance Corporation of India Limited
Sahastraa Advisors increased its stake in Tourism Finance Corporation of India, buying 962,380 shares to reach a 1.64% stake, up from 1.43%. The approximate value of the additional shares is ₹11.09 crore, based on a share price of ₹115.31.
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.
Mumbai-based financial services private limited company incorporated in May 2022 with paid-up capital of Rs 10 crore. Operates a proprietary investment book in Indian listed equities. Disclosed positions typically surface in smallcap and microcap shareholding filings.