Tourism Finance Corporation of India Ltd
Tourism Finance Corporation of India Ltd Company History
Tourism Finance Corporation of India to provides financial assistance by way of rupee term loan, corporate loan and subscription to debentures/equity mainly to tourism sector comprising hotels, motels, resorts, spas, restaurants, food courts, amusement parks, family entertainment centres, multiplexes, etc. and in a limited way to other sectors such as social infrastructure (educational institutes, hospitals, affordable housing development, etc.), manufacturing, other services sector, real-estate etc., within the scope of its activities.
2000
Tourism Advisory and Financial Services Corporation of India Ltd (Tafsil) has been merged with the company. The board has passed a resolution for the allotment of 3 75 000 equity shares of Rs. 10 each of the company to the shareholders of Tafsil in the proportion of five shares of the company for every one share of Rs. 100 each of Tafsil held.
Icra upgraded the Rs 50 crore NCD programme of Tourism Finance Corporation from
LAA- to LA+.
Enteres the market with an issue of Rs 100 crore of 12-year 12.00 per cent annually payable interest bonds.
2000
2003
Industrial Development Bank of India has sold 1,493,500 shares amounting to 2.22% and the holding after the sale is 60,06,500 shares amounting to 8.91%.
2003
2004
Industrial Development Bank of India (IDBI), that they have sold 13,95,057 shares amounting to 2.07% of the total share capital of Tourism Finance Corpn Of India Ltd.
2004
2007
Tourism Finance Corporation of India Ltd has appointed Mrs. Archana Capoor, as Chairman and Managing Director of the Company for the period of five years w.e.f. January 19, 2007.
2007
2008
Registered Office of the Company has been shifted From IFCI Tower, 61 Nehru Place, New Delhi 110019 To 4th Floor, Tower I, NBCC Plaza, Sector V, Pushp Vihar, Saket, New Delhi-110017
2008
2011
Registered Office of the Company has been shifted To IFCI Tower, 61 Nehru Place,New Delhi- 110019.
2011
2012
Tourism Finance Corporation of India Ltd has recommended payment of dividend of Rs. 1.20 per share (12%) to the shareholders.
Tourism Finance Corporation of India Ltd has appointed Smt. Shashi Sharma, Director of the Company,as Managing Director of the Company.
2012
2013
Tourism Finance Corporation of India Ltd has recommended the payment of dividend @ 1.20 Per Equity Share of Rs. 10/- each to the shareholders.
2013
2014
Tourism Finance Corporation of India Ltd has recommended the payment of dividend @ 1.20 Per Equity Share of Rs. 10/- each to the shareholders.
2014
2017
The Company's Registered Office is being shifted from "13th Floor, IFCI Tower, 61, Nehru Place, New Delhi-110019" to "4th Floor, Tower-1, NBCC Plaza, Pushp Vihar, Sector-5, Saket, New Delhi-110017.
2017
