Tourism Finance Corporation of India Ltd (TFCI) has reported a significant insider transaction, as Director Aditya Kumar Halwasiya substantially increased his shareholding in the company through a series of open market purchases.

Transaction Details

According to a disclosure submitted under SEBI insider trading regulations, Mr. Halwasiya acquired 3,60,000 shares of TFCI through open market transactions on the National Stock Exchange (NSE) on September 3, 2025. The acquisition was valued at approximately Rs. 12.22 crore, indicating an average price of about Rs. 339.44 per share.

Shareholding Impact

This substantial purchase has notably altered Mr. Halwasiya's stake in the company:

The transaction resulted in an increase of 0.39 percentage points in Mr. Halwasiya's ownership of TFCI.

Regulatory Compliance

In compliance with the Securities and Exchange Board of India (SEBI) regulations on insider trading, TFCI promptly disclosed this transaction to the stock exchanges. The company's Company Secretary, Sanjay Ahuja, submitted the required Form C detailing the change in shareholding on September 4, 2025, just a day after the transaction took place.

About the Director

Aditya Kumar Halwasiya, identified by PAN AIXPH3678L and DIN 08200117, serves as a Director on the board of Tourism Finance Corporation of India Ltd. His residential address is listed as BELAIR, Flat No-18A, 9A Alipore Park Place, Alipore, Kolkata, West Bengal - 700027.

This significant insider buying activity may be of interest to market participants and shareholders of TFCI, as it potentially signals the director's confidence in the company's prospects. However, investors are always advised to conduct their own research and consider multiple factors before making investment decisions.

Tourism Finance Corporation of India Limited (TFCI) has reported a significant change in its shareholding pattern, as investor Aditya Kumar Halwasiya substantially increased his stake in the company through open market transactions.

Stake Acquisition Details

Halwasiya, who is not part of the promoter or promoter group, has acquired an additional 25,32,348 shares, representing 2.73% of the total share capital of TFCI. This acquisition has boosted his overall shareholding in the company from 16.23% to 18.96%.

Transaction Timeline and Method

The stake increase was executed through a series of open market purchases. The disclosure of this substantial acquisition was made in compliance with the Securities and Exchange Board of India (SEBI) regulations.

Company Share Capital

TFCI's total equity share capital stands at INR 92,59,54,480, divided into 9,25,95,448 equity shares with a face value of INR 10 each. This structure remains unchanged following the recent transactions.

Shareholding Pattern

The following table illustrates the change in Aditya Kumar Halwasiya's shareholding:

Regulatory Compliance

In accordance with SEBI regulations, TFCI's Company Secretary, Sanjay Ahuja, submitted the required disclosure to the stock exchanges. The shares of Tourism Finance Corporation of India Limited are listed on both the National Stock Exchange (NSE) and the Bombay Stock Exchange (BSE).

This significant increase in shareholding by Aditya Kumar Halwasiya may be of interest to other investors and market watchers, as it represents a notable change in the ownership structure of Tourism Finance Corporation of India Limited.