Tourism Finance Corporation of India Limited has Submitted to the Exchange a copy of Disclosure under Regulation 31(4) of the Securities and Exchange Board of India (Substantial Acquisition of Shares and Takeovers) Regulations, 2011.
TFCILTD · price
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Tourism Finance Corporation of India Limited has submitted a copy of disclosure received from Life Insurance Corporation of India (LIC) under Regulation 31(4) of the SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 2011. LIC has declared that no additional encumbrance (pledge, lien, or similar charge) on shares of TFCI has been created directly or indirectly during the financial year ending 31 March 2025, beyond what was already disclosed to the stock exchanges. This is a routine annual compliance filing confirming the status of encumbrances on LIC's shareholding in TFCI. The disclosure was submitted by LIC's Back Office in Mumbai to both NSE and BSE on 7 April 2025.
This is a routine procedural compliance filing and does not indicate any change in LIC's shareholding or any new encumbrance on TFCI shares. Shareholders should view this as a neutral event with no material impact on the stock price.