{"id":42065,"date":"2025-10-07T11:12:17","date_gmt":"2025-10-07T05:42:17","guid":{"rendered":"https:\/\/dailynewsindia.co.in\/index.php\/2025\/10\/07\/tourism-finance-corporation-of-india-limited-tfcil-board-approves-exclusive-term-sheet-to-acquire-cosmea-investment-private-limited\/"},"modified":"2025-10-07T11:12:17","modified_gmt":"2025-10-07T05:42:17","slug":"tourism-finance-corporation-of-india-limited-tfcil-board-approves-exclusive-term-sheet-to-acquire-cosmea-investment-private-limited","status":"publish","type":"post","link":"https:\/\/dailynewsindia.co.in\/index.php\/2025\/10\/07\/tourism-finance-corporation-of-india-limited-tfcil-board-approves-exclusive-term-sheet-to-acquire-cosmea-investment-private-limited\/","title":{"rendered":"Tourism Finance Corporation of India Limited (TFCIL) Board Approves Exclusive Term Sheet to Acquire Cosmea Investment Private Limited"},"content":{"rendered":"<div>\n<p><strong>New Delhi [India], October 6: <\/strong>Tourism Finance Corporation of India Limited (\u201cTFCIL\u201d) is pleased to announce that its Board of Directors, at its meeting held on October 6, 2025, has accorded in-principle approval to enter into an exclusive term sheet with\u00a0Cosmea\u00a0Investment Holdco Private Limited (CIHL) for the proposed acquisition of 100% shareholding of\u00a0Cosmea\u00a0Investment Private Limited (CIPL), together with its specified wholly owned subsidiaries, step-down subsidiaries, and trusts (\u201cTarget Company\u201d).<\/p>\n<p>The transaction will be executed through a dedicated special-purpose vehicle (SPV) or affiliate of TFCIL to be incorporated for this purpose.<\/p>\n<p>The Target Company has established a strong presence across diverse financial services verticals, including:<\/p>\n<ul>\n<li>Stock Broking &amp; Commodity Trading<\/li>\n<li>Wealth &amp; Portfolio Management<\/li>\n<li>Investment Advisory &amp; Distribution Services<\/li>\n<li>Alternate Investment Funds (AIF)<\/li>\n<li>Asset Reconstruction and Recovery<\/li>\n<\/ul>\n<h4>Strategic Significance for TFCIL<\/h4>\n<p>This proposed acquisition represents a transformational leap in TFCIL\u2019s long-term strategy to evolve into a full-spectrum financial powerhouse. By integrating\u00a0Cosmea\u2019s\u00a0ecosystem, TFCIL is positioning itself to capture opportunities across India\u2019s rapidly expanding financial landscape \u2014 from lending and wealth management to alternative investments and asset reconstruction.<\/p>\n<p><em>\u201cTFCIL is entering a new era of scale, strength, and strategic depth,\u201d<\/em> said a senior company person.<\/p>\n<blockquote>\n<p>\u201cThis acquisition underscores our intent to build a diversified, high-growth financial platform that competes at the top tier of India\u2019s financial-services space. We are not just expanding \u2014 we are transforming.\u201d<\/p>\n<\/blockquote>\n<h4>Next Steps<\/h4>\n<p>The proposed transaction is subject to customary due diligence, execution of definitive agreements, and necessary regulatory approvals. TFCIL will continue to make disclosures in accordance with applicable laws as material developments occur.<\/p>\n<p><em> If you have any objection to this press release content, kindly contact pr.error.rectification@gmail.com to notify us. We will respond and rectify the situation in the next 24 hours.<\/em><\/p>\n<\/div>\n","protected":false},"excerpt":{"rendered":"<p>New Delhi [India], October 6: Tourism Finance Corporation of India Limited (\u201cTFCIL\u201d) is pleased to announce that its Board of Directors, at its meeting held on October 6, 2025, has accorded in-principle approval to enter into an exclusive term sheet with\u00a0Cosmea\u00a0Investment Holdco Private Limited (CIHL) for the proposed acquisition of 100% shareholding of\u00a0Cosmea\u00a0Investment Private Limited&#8230;<\/p>\n<p class=\"more-link-wrap\"><a href=\"https:\/\/dailynewsindia.co.in\/index.php\/2025\/10\/07\/tourism-finance-corporation-of-india-limited-tfcil-board-approves-exclusive-term-sheet-to-acquire-cosmea-investment-private-limited\/\" class=\"more-link\">Read More<span class=\"screen-reader-text\"> &ldquo;Tourism Finance Corporation of India Limited (TFCIL) Board Approves Exclusive Term Sheet to Acquire Cosmea Investment Private Limited&rdquo;<\/span> &raquo;<\/a><\/p>\n","protected":false},"author":1,"featured_media":42066,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[4],"tags":[54],"class_list":["post-42065","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-business","tag-business"],"_links":{"self":[{"href":"https:\/\/dailynewsindia.co.in\/index.php\/wp-json\/wp\/v2\/posts\/42065","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/dailynewsindia.co.in\/index.php\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/dailynewsindia.co.in\/index.php\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/dailynewsindia.co.in\/index.php\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/dailynewsindia.co.in\/index.php\/wp-json\/wp\/v2\/comments?post=42065"}],"version-history":[{"count":0,"href":"https:\/\/dailynewsindia.co.in\/index.php\/wp-json\/wp\/v2\/posts\/42065\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/dailynewsindia.co.in\/index.php\/wp-json\/wp\/v2\/media\/42066"}],"wp:attachment":[{"href":"https:\/\/dailynewsindia.co.in\/index.php\/wp-json\/wp\/v2\/media?parent=42065"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/dailynewsindia.co.in\/index.php\/wp-json\/wp\/v2\/categories?post=42065"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/dailynewsindia.co.in\/index.php\/wp-json\/wp\/v2\/tags?post=42065"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}