ALPHA TRIBE

Tourism Finance Corporation of India LimitedOthers, 21-08-2025: Shareholders meeting

21-08-2025 | 05:22 pm

Tourism Finance Corporation of India's shareholders have approved all resolutions at the 36th Annual General Meeting. This includes adopting the FY2024-25 financial statements and declaring a dividend for the year. Significantly, shareholders approved the issuance of non-convertible bonds/debentures, enabling the company to raise capital for future growth. They also greenlit a sub-division of the equity share face value, potentially enhancing share liquidity and affordability for retail investors. A director was also re-appointed and a secretarial auditor was named.

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