New Delhi, Oct. 6 -- Shares of Tourism Finance Corporation of India (TFCIL) may attract investor attention in Tuesday's trading session, October 7, after the company approved the 100% acquisition of Cosmea Investment Private Limited, a firm with a strong presence across multiple financial-services verticals.
The proposed acquisition is part of TFCIL's long-term strategy to evolve into a full-spectrum financial powerhouse.
In a regulatory filing today, the company stated that its Board of Directors, at a meeting held on October 6, 2025, granted in-principle approval to enter into an exclusive term sheet with Cosmea Investment Holdco Private Limited for the acquisition of 100% shareholding of Cosmea Investment Private Limited (CIPL), alon...
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