Board Meeting13 May 2026, 07:51 pm
TFCI Reappoints Anoop Bali as MD for 2 Years
AI Summary
Tourism Finance Corporation of India Ltd (TFCI) has reappointed Shri Anoop Bali as Managing Director for a further term of 2 years, effective from June 1, 2026, until May 31, 2028, subject to shareholder approval. He will also continue as CFO. The board also approved the audited financial results for the year ended March 31, 2026, recommended a dividend of ₹0.60 per share, and approved raising up to ₹1200 crore through various financial instruments. M/s C J] S Nanda & Associates were appointed as Internal Auditors for FY 2026-27.
Key Highlights
- Anoop Bali re-appointed as MD for 2 years, effective June 1, 2026.
- Board recommends dividend of ₹0.60 per share (30%) for FY 2025-26.
- Approved raising up to ₹1200 crore via loans/bonds/debentures.
- M/s C J] S Nanda & Associates appointed as Internal Auditors for FY 2026-27.
- Audited financial results for the year ended March 31, 2026, approved.
Price Impact
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