StockWatch
·
Financial Institution
Board Meeting13 May 2026, 07:41 pm

TFCI Board Approves FY26 Results, ₹0.60 Dividend

AI Summary

Tourism Finance Corporation of India Ltd's board approved the audited financial results for the year ended March 31, 2026, and recommended a dividend of ₹0.60 per equity share (30%). They also approved raising up to ₹1200 crore through various financial instruments. M/s C J Shah & Nanda & Associates were appointed as Internal Auditors for FY27. Shri Anoop Bali was re-appointed as Managing Director & CFO for a further term of 2 years effective June 1, 2026.

Key Highlights

  • Audited financial results for FY26 approved.
  • Dividend of ₹0.60 per share (30%) recommended, subject to shareholder approval.
  • Approved raising up to ₹1200 crore through debt instruments.
  • M/s C J Shah & Nanda & Associates appointed as Internal Auditors for FY27.
  • Shri Anoop Bali re-appointed as Managing Director & CFO for 2 years.