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Stake sale · Professional & Local Services

Augusta TBO sells 2% stake in TBO Tek

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Date
Company
TBO Tek
What it does
Travel distribution platform
Kind
Stake sale
Amount
Rs 327.5 crore
Founded
2006
Sector
Professional & Local Services

What they do

TBO Tek is a travel distribution platform that connects suppliers like hotels and airlines with travel buyers globally

What happened

Augusta TBO (Singapore) sold a 2.01% stake worth Rs 327.5 crore via open market transaction on 13 July 2026

Why it matters

The sale reduced Augusta's holding from 5.45% to 3.44%, while TBO Tek reported strong Q4 FY26 revenue of Rs 814 crore

The details

  • Augusta TBO (Singapore) Pte. Ltd. sold a 2.01% stake in TBO Tek on 13 July 2026.
  • The transaction was done via an open market sale on the stock exchange.
  • The total deal value was Rs 327.5 crore, based on the closing price of Rs 1,500.3 per share.
  • A total of 21.82 lakh equity shares were sold in the transaction.
  • Before the sale, Augusta held a 5.45% diluted stake in the company.
  • After the sale, Augusta's holding reduced to 3.44%, or 37.35 lakh shares.

The bigger picture

  • The sale is a partial exit by an early investor, Augusta TBO (Singapore).
  • It comes after TBO Tek's strong Q4 FY26 results, with revenue of Rs 814 crore and profit of Rs 60 crore.
  • The company's market capitalisation stood at Rs 16,291 crore at the time of the sale.

About the business

  • TBO Tek is a travel distribution platform founded in 2006.
  • It simplifies travel distribution for suppliers such as hotels, airlines, car rental companies, insurance providers, cruise lines, and railways.
  • It enables buyers (travel agents, tour operators, corporate travel desks) to book travel services globally.
  • The company reported Q4 FY26 operating revenue of Rs 814 crore, an 82% year-on-year growth.
  • Its Q4 FY26 profit was Rs 60 crore.

The deal

Type
stake-sale

Investors

  • Augusta TBO (Singapore) Pte. Ltd. (seller) — An entity that held a 5.45% stake in TBO Tek before the sale.

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