In continuation to the letter dated February 21, 2024, Tourism Finance Corporation of India has informed that the Board of Directors in its meeting held today, discussed and approved to issue and allot up to 88,91,000 (Eighty Eight Lakh Ninety One Thousand) fully paid up equity shares of face value of 10 each at an issue price of Rs 225 (Rupees Two Hundred Twenty Five only) including a premium of Rs 215 (Rupees Two Hundred Fifteen only) each aggregating up to Rs 200,04,75,000 (Rupees Two Hundred Crore Four Lakh Seventy Five Thousand Only) way of preferential issue on a private placement basis to the persons subject to approval of members.
The above information is a part of company’s filings submitted to BSE.
