Tourism Finance Corporation of India Limited has informed the Exchange that Record date for the purpose of Split/Subdivision is 19-Sep-2025.
TFCILTD · price
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Tourism Finance Corporation of India has fixed September 19, 2025 as the record date for a stock split. Each equity share of face value Rs. 10 will be split into 5 equity shares of face value Rs. 2 each. This was approved by shareholders at the 36th Annual General Meeting held on August 21, 2025. Shareholders holding shares as of the record date will be entitled to the split shares. The BSE scrip code is 526650 and NSE scrip code is TFCILTD.
The stock split makes shares more affordable and improves liquidity, potentially attracting more retail investors. Share price will adjust downward proportionally (roughly to 1/5th) post the effective date, but total shareholder value remains unchanged.