Tourism Finance Corporation Announces AGM and Recommends Dividend for FY2025-26

Tourism Finance Corporation Announces AGM and Recommends Dividend for FY2025-26

Tourism Finance Corporation Announces AGM and Recommends Dividend for FY2025-26​

Tourism Finance Corporation of India Limited has announced the details for its 37th Annual General Meeting (AGM) and recommended a dividend payout for shareholders, alongside making the Annual Report for the financial year 2025-26 available to members.

The AGM of the Company is scheduled to be held on Friday, August 21, 2026, at 11:00 a.m. (IST). The meeting will utilize Video Conferencing (VC) or other Audio Visual Means (OAVM) facilities for attendees. Shareholders are invited to transact the businesses outlined in the Notice of the AGM and review the Annual Report for FY2025-26.

Key dates concerning shareholder eligibility and electronic voting have been set by the company:

EventDate / Time
Record date for DividendAugust 14, 2026
Cut-off date for Shareholders eligible for e-VotingAugust 14, 2026
Commencement of e-VotingAugust 18, 2026 at 9:00 A.M. (IST)
End of e-VotingAugust 20, 2026 at 5:00 P.M. (IST)

The Board of Directors of the Tourism Finance Corporation has recommended a dividend declaration of Rs.0.60 per equity share. This recommendation is based on the Company having an equity share face value of Rs.2/- each. Members are reminded that, in accordance with the requirements of the Income Tax Act, 2025, taxes will be withheld at prescribed rates on the dividend paid, and members are requested to submit relevant documents to determine the appropriate TDS rate.

The Annual Report for FY2025-26 is accessible via the Company's website. Shareholders can also find the document available on the websites of the BSE Limited and National Stock Exchange of India Limited (NSE). Individuals wishing to obtain a physical copy of the Annual Report are directed to contact the company directly.

TFCILTD Stock Price Movement​

Today, the stock of Tourism Finance Corporation of India Limited edged up in session, concluding at ₹101.87 after gaining 0.8%. The equity saw strong buying interest throughout the day, achieving a peak that touched its 52-week high and recording volume of 14.17 million shares.
 

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Editorial Note

This news article was written and created by Karthik, and published on IST.
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