Tourism Finance Corporation of India Limited has announced strategic investment decisions in two Alternative Investment Funds, as disclosed in a regulatory filing dated January 4, 2026. The company has decided to participate as both co-sponsor and anchor investor in specialized funds targeting hospitality and real estate sectors.

Investment in Holystone Hospitality Fund

TFCI has committed to act as co-sponsor and anchor investor in Holystone Hospitality Fund, an equity-focused Category II Alternative Investment Fund. The company's investment participation details are outlined below:

Investment in Certus Real Estate Fund

Additionally, TFCI has decided to participate as an anchor investor in Certus Real Estate Fund, another Category II Alternative Investment Fund. This investment represents the company's strategic entry into real estate-focused alternative investments.

Regulatory Compliance and Timeline

The disclosure was made under Regulation 30 of SEBI (LODR) Regulations, 2015, in continuation of the company's earlier communication dated November 10, 2025. Both Alternative Investment Funds have recently filed their registration applications with the Securities and Exchange Board of India. The announcement was signed by Company Secretary Sanjay Ahuja and communicated to both BSE Limited and National Stock Exchange of India Limited.

These strategic investments position TFCI in the alternative investment space, with focused exposure to hospitality and real estate sectors through professionally managed Category II AIF structures.

Tourism Finance Corp shares remained in the spotlight on Tuesday following significant buying activity by Ekta Halwasiya for the second consecutive trading day. The stock witnessed notable investor interest amid substantial block deal transactions and circuit-to-circuit price movements.

Block Deal Activity

Ekta Halwasiya's purchasing activity dominated the stock's trading narrative on Monday. The detailed transaction data reveals:

This marks the second consecutive day of substantial share acquisitions by Halwasiya, indicating sustained interest in the tourism finance company.

Shareholding Pattern Analysis

The shareholding structure presents interesting dynamics among key stakeholders. Ekta Halwasiya's name was notably absent from the public shareholders list of Tourism Finance Corp as of the September quarter-end. However, Aditya Halwasiya, who serves as investor and promoter of Cupid Ltd., maintains a significant position with over 18.00% stake in Tourism Finance Corp as of September 30.

Both companies have yet to disclose their shareholding patterns for the December-ended quarter, which could provide clearer insights into current ownership structures.

Stock Performance and Trading Activity

The stock demonstrated remarkable volatility and recovery during recent trading sessions:

The Monday session marked the third consecutive day where over 1 crore shares were traded, indicating heightened investor participation and interest in the stock.

Corporate Developments

Following Friday's 20% lower circuit, Tourism Finance Corp announced strategic initiatives in the alternative investment space. The company revealed plans to serve as anchor investors for two Alternative Investment Funds (AIFs). The registration applications for these funds have been submitted to the Securities and Exchange Board of India (SEBI) for approval.

Long-term Performance

Tourism Finance Corp shares have demonstrated strong long-term performance, nearly doubling in value over the last 12 months. This substantial appreciation reflects the company's growth trajectory and investor confidence in the tourism finance sector.