Non-Executive Director Parkash Chand resigns from TFCI board

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TFCILTD · price

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Price reactionminutes from the announcement price · days from the prior close

+1.2%Reaction day

₹158.47

prior close

₹158.47

announcement price

In-mkt

timing

Nifty Microcap 250market · in no size index; the smallest one is used+0.7%+0.5% vs market

Financial Institution peers, median of 7sector+0.3%+0.9% vs sector

On the reaction day the stock moved 0.5 pts more than Nifty Microcap 250 and 0.9 pts more than its Financial Institution peers, over the same two closes: a difference in percentage points, not a measure of what the filing did.

Minutes after the announcementfrom the announcement price · no benchmark

Stock

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15m

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30m

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Sessions after the filingfrom the prior close

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Reaction day

+1.2+0.7+0.5+0.3+0.9

Next day

-0.4-1.0+0.6-0.9+0.5

-2.0-0.3-1.8-2.2+0.2

-1.4-1.9+0.5-2.9+1.6

-4.7-4.5-0.2-4.1-0.6

-4.5-5.5+1.0-4.5+0.1

-2.3-7.3+4.9-6.9+4.5

15d

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UpDownMarket · Nifty Microcap 250Sector · Financial Institution peers, median of 7Pending

Minute windows have no benchmark: there is no intraday index history to compare against.

AI summary

Shri Parkash Chand (DIN: 07507069), a Non-Executive Non-Independent Director of Tourism Finance Corporation of India, resigned from the Board effective October 13, 2026, citing personal reasons. He represented Life Insurance Corporation of India. The Board accepted his resignation on October 14, 2026.

Likely market impact

Single non-executive director exit; LIC representative steps down. No operational impact expected; board vacancy to be filled.