Dividend13 May 2026, 08:01 pm
TFCI Recommends ₹0.60 Dividend, Plans ₹1200 Cr Fundraising
AI Summary
Tourism Finance Corporation of India Ltd's board approved audited financial results for the year ended March 31, 2026, and recommended a dividend of ₹0.60 per share (30%). The company plans to raise up to ₹1200 crore through various debt instruments. Additionally, M/s C J] S Nanda & Associates were appointed as Internal Auditors for FY 2026-27, and Shri Anoop Bali was re-appointed as Managing Director & CFO for another 2 years.
Key Highlights
- TFCI board approved audited financial results for FY26.
- Dividend of ₹0.60 per share (30%) recommended, subject to shareholder approval.
- Plans to raise up to ₹1200 crore through debt instruments.
- M/s C J] S Nanda & Associates appointed as Internal Auditors for FY27.
- Shri Anoop Bali re-appointed as MD & CFO for 2 years effective June 1, 2026.
Price Impact
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