TOURISM FINANCE CORPORATION OF INDIA LTD - BuyBack

All Market Participants are hereby informed that Open Offer by Redkite Capital Private Limited (“Acquirer”) along with the persons acting in concert (“PACs”) India Opportunities III Pte. Limited (“PAC 1”), and Mr. Koppara Sajeeve Thomas (“PAC 2”) make a cash offer of Rs. 157.20/- (Rupees One Hundred Fifty Seven And Twenty Paise Only) plus interest @ 10% per annum, per equity share, for delay in payment beyond the scheduled payment date per fully paid up equity share of the face value of Rs. 10/- (Rupees Ten Only) each of Tourism Finance Corporation Of India Limited (hereinafter referred to as the “Target Company”). This offer is to acquire up to 20,986,355 (Two Crore Nine Lakh Eighty Six Thousand Three Hundred And Fifty Five) equity shares representing 26.00% (Twenty Six per cent) of the equity share capital, under the SEBI (SAST) Regulations to the public shareholders of the Target Company, pursuant to regulations 3(1) & 4 of the Securities and Exchange Board of India (Substantial Acquisition of Shares and Takeovers) Regulations, 2011 (“SEBI (SAST) Regulations”), from February 05, 2019 to February 18, 2019.

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