ALPHA TRIBE

Tourism Finance Corporation of India LimitedOthers, 10-07-2025: Amendment to AOA/MOA

10-07-2025 | 07:15 pm

Tourism Finance Corporation of India Ltd. has announced a board meeting on which it approved the appointment of M/s Arun Kumar Gupta & Associates as the Secretarial Auditor for five years starting FY 2025-26, subject to shareholder approval. The company also approved a 1:5 stock split, subdividing each equity share from Rs.10 to five shares of Rs.2 each, aiming to enhance liquidity, affordability, and retail participation. The authorized share capital remains Rs.500 Cr, with equity shares increasing in number but total capital unchanged. The split is expected to complete within two months after necessary approvals.

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