Tourism Finance Corporation of India Files Compliance Officer and RTA Details for Quarter Ended March 31, 2026

1 min read     Updated on 08 Apr 2026, 06:17 AM
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Tourism Finance Corporation of India Ltd submitted its compliance officer and RTA details to stock exchanges for the quarter ended March 31, 2026, under SEBI regulations. Sanjay Ahuja continues as compliance officer and Company Secretary since July 2013, while MCS Share Transfer Agent Limited remains the RTA since February 2014. No changes were reported in compliance officer position during the previous two quarters.

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Tourism Finance Corporation of India Ltd has filed its mandatory compliance officer and Registrar and Share Transfer Agent (RTA) details with stock exchanges for the quarter ended March 31, 2026. The submission, made on April 7, 2026, fulfills requirements under Regulation 6(1) and 7(1) of SEBI (LODR) Regulations, 2015.

Compliance Officer Details

The company has maintained continuity in its compliance officer position with no changes during the previous two quarters. The compliance officer details are presented below:

Parameter: Details
Name: Sanjay Ahuja
Designation: Sr. Vice President and Company Secretary
Qualification: Qualified Company Secretary
Membership Number: FCS-5233
Date of Appointment: July 31, 2013
Changes in Previous 2 Quarters: No

Registrar and Share Transfer Agent Information

Tourism Finance Corporation of India Ltd continues to work with its established RTA for share transfer services. The RTA appointment details show a long-standing relationship:

Parameter: Details
RTA Name: MCS Share Transfer Agent Limited
Date of Appointment: February 12, 2014
SEBI Registration Number: INR000004108
Status: Active

Regulatory Compliance

The filing demonstrates the company's adherence to SEBI's listing obligations and disclosure requirements. Both the compliance officer and RTA appointments remain unchanged, indicating operational stability in the company's regulatory and administrative functions. The compliance officer, Sanjay Ahuja, has been serving in this capacity for over 12 years since his appointment in 2013.

The submission was digitally signed by the Company Secretary on April 7, 2026, and communicated to both BSE Ltd and National Stock Exchange of India Ltd as required under the regulations.

Historical Stock Returns for Tourism Finance Corporation of India

1 Day5 Days1 Month6 Months1 Year5 Years
+2.36%+7.21%+4.12%-6.15%+97.18%+539.98%

Will Tourism Finance Corporation of India consider succession planning for its compliance officer role given Sanjay Ahuja's 12+ year tenure?

How might the company's stable regulatory framework position it for potential expansion in India's growing tourism sector?

Could the long-standing relationship with MCS Share Transfer Agent indicate upcoming corporate actions or share restructuring plans?

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Tourism Finance Corporation of India Files SEBI Disclosure for Corporate Bonds Database

2 min read     Updated on 08 Apr 2026, 04:03 AM
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Tourism Finance Corporation of India Ltd submitted its mandatory SEBI disclosure for the centralized corporate bonds database on April 7, 2026. The filing covers two bond series with ISINs INE305A09216 and INE305A09208, both listed on NSE in March 2013. The company maintains stable credit ratings from CARE, Brickwork, and Infomerics rating agencies and reported no defaults during FY 2025-26.

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Tourism Finance Corporation of India Ltd has filed its mandatory disclosure with BSE and NSE for the centralized database of corporate bonds and debentures, as required under SEBI operational circular SEBI/HO/DDHS/P/CIR/2021/613 dated August 10, 2021. The disclosure, submitted on April 7, 2026, by Company Secretary Sanjay Ahuja, provides comprehensive details about the company's outstanding bond issues.

Bond Listing Details

The company has disclosed information about two bond series currently listed on the National Stock Exchange of India. Both bond issues were allotted on February 25, 2013, and subsequently listed on March 8, 2013.

Bond Details: Series 1 Series 2
ISIN: INE305A09216 INE305A09208
Listing Quantity: 1000 750
Allotment Date: 25.2.2013 25.2.2013
Listing Date: 8.3.2013 8.3.2013
Exchange: NSE NSE
Issue Type: First issue First issue

Credit Rating Status

Both bond series maintain ratings from three prominent credit rating agencies. The ratings reflect stable outlook across all agencies, with recent reaffirmations and new assignments during the current financial year.

Rating Agency: Rating Outlook Action Date
CARE Ratings Limited: CARE A Stable Reaffirmed 20.8.2025
Brickwork Ratings: BWR A+ Stable Reaffirmed 28.7.2025
Infomerics Valuation: IVR AA- Stable Assigned 24.3.2026

Compliance and Payment Status

The disclosure confirms that Tourism Finance Corporation of India has maintained a clean payment record during FY 2025-26. The company reported no defaults or delays in servicing its bonds and debentures throughout the financial year. Details regarding record dates for interest payments and redemption, as well as payment status updates, have been separately communicated to stock exchanges under Regulation 60 and Regulation 57 of SEBI (LODR) Regulations, 2015, respectively.

Regulatory Framework

The centralized database disclosure requirement forms part of SEBI's initiative to enhance transparency in the corporate bond market. The operational circular mandates listed companies to provide standardized information about their debt securities, including listing details, credit ratings, payment status, and default history. This systematic approach enables better tracking and monitoring of corporate bond markets for investors and regulators.

The company has provided hyperlinks to NSE's exchange communication circulars for detailed listing notifications, ensuring stakeholders have access to comprehensive information about the bond listings. All credit rating agencies mentioned in the disclosure have verified their ratings, with verification dates corresponding to the respective rating action dates.

Historical Stock Returns for Tourism Finance Corporation of India

1 Day5 Days1 Month6 Months1 Year5 Years
+2.36%+7.21%+4.12%-6.15%+97.18%+539.98%

Will Tourism Finance Corporation of India consider issuing new bond series to diversify its debt maturity profile given these bonds are over 13 years old?

How might the recent upgrade to IVR AA- rating from Infomerics impact the company's borrowing costs for future debt issuances?

What strategic initiatives is Tourism Finance Corporation planning to fund through debt financing in the post-pandemic tourism recovery phase?

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1 Year Returns:+97.18%