Tourism Finance Corp to hold 37th AGM on Aug 21, 2026
Tourism Finance Corporation of India Ltd announced its 37th Annual General Meeting (AGM) will be held on Friday, August 21, 2026, at 11:00 a.m. IST via Video Conferencing (VC) / Other Audio-Visual Means (OAVM). The meeting will address ordinary business including the adoption of audited financial statements for FY 2025-26, declaration of dividend, and re-appointment of a director. Special business includes considering the issuance of Non-Convertible Bonds/Debentures up to ₹1200 crore and approving the appointment and remuneration of Shri Anoop Bali as Managing Director for a term of June 1, 2026, to May 31, 2028, with an all-inclusive cost to the company of ₹2.50 crore per annum plus incentives and stock options.
Key Highlights
- AGM scheduled for August 21, 2026, via VC/OAVM.
- Consideration of FY26 financial statements and dividend declaration.
- Proposal to issue Non-Convertible Bonds/Debentures up to ₹1200 crore.
- Approval for Shri Anoop Bali's appointment as MD with ₹2.50 Cr annual remuneration.
- Director retirement and potential re-appointment to be discussed.
Price Impact
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