The open offer for acquisition of up to 2.09 crore equity shares of Tourism Finance Corporation of India by Redkite Capital Pvt Ltd, along with India Opportunities III Pte Ltd and Koppara Sajeeve Thomas, opens on Tuesday. The open offer, representing 26 per cent of the voting share capital ofTFCI, is made at a price of ₹157.20. The mandatory open offer will close on February 18. Post open offer, the acquirers’ holding in the company may rise to 45.81 per cent.
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