TFCILTD · price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Tourism Finance Corporation of India Ltd reported board meeting outcomes on May 13, 2026. The company posted total income of Rs.27,683.49 lakh for FY2026, up 6.4% from Rs.26,006.30 lakh in the previous year. Profit before tax grew 21.7% to Rs.15,578.11 lakh versus Rs.12,802.17 lakh. The board recommended a dividend of Rs.0.60 per equity share (30%) for FY2025-26, subject to shareholder approval. Key leadership continuity was maintained with the reappointment of Shri Anoop Bali as Managing Director for 2 years (June 1, 2026 to May 31, 2028), subject to shareholder approval. Anoop Bali will also continue as CFO, holding dual executive roles. The board approved raising resources up to Rs.1,200 crore and appointed C J S Nanda & Associates as internal auditors for FY2026-27.
Stable leadership continuation with experienced MD/CFO reappointment and strong profit growth signals company stability. The dual MD-CFO role may raise governance questions for some investors. Dividend recommendation and healthy earnings growth are positive signals for shareholders.