TFCILTDNSETourism Finance Corporation of India Limited· Financial InstitutionMediumPositive
Announced Wed, 30 Jul · 13:38 IST

Tourism Finance Corporation of India Limited has informed the Exchange that Record date for the purpose of Dividend & Meeting is 14-Aug-2025.

Corporate Actions View source PDF

TFCILTD · price

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▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.

Price reaction · full curve

Awaiting price reaction for this filing.

AI summary

Tourism Finance Corporation of India (TFCILTD) has fixed Thursday, August 14, 2025, as the record date to identify shareholders eligible for a dividend of Rs. 3 per equity share (face value Rs. 10), translating to a 30% dividend on face value for financial year 2024-25. The dividend is subject to approval at the company's upcoming Annual General Meeting. The company has issued this clarification in continuation of its earlier letters dated July 28 and July 29, 2025, under SEBI LODR Regulation 42.

Likely market impact

Shareholders holding shares as of August 14, 2025 will be entitled to the Rs. 3 per share dividend if approved at the AGM. The 30% dividend on face value is a reasonable payout, but actual yield depends on the current market price of the stock.