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.

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.

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.

Tourism Finance Corporation of India Ltd has released detailed information about its outstanding bond portfolio as of March 31, 2026, in compliance with regulatory disclosure requirements. The comprehensive disclosure provides investors and stakeholders with complete transparency regarding the company's debt instruments and their associated terms.

Outstanding Bond Portfolio Overview

The company's bond portfolio consists of two distinct series with a total outstanding value of ₹175,00,00,000. Both bonds were issued on February 25, 2013, representing long-term financing instruments with different maturity profiles and coupon structures.

Bond Structure and Payment Terms

Both bond series feature annual coupon payments with interest payment dates scheduled for January 1st each year. The bonds carry competitive coupon rates, with Series MB XLVI B offering 9.60% annual interest and Series MB XLVI C providing 9.65% annual interest.

The disclosure confirms that neither bond series contains embedded options, including put or call options, providing investors with straightforward debt instruments without complex features. This structure offers predictable cash flows and clear maturity profiles for bondholders.

Maturity Profile and Outstanding Amounts

Series MB XLVI B, with an outstanding amount of ₹1,00,00,00,000, is scheduled to mature on February 25, 2028. Series MB XLVI C, carrying an outstanding balance of ₹75,00,00,000, has a longer maturity date of February 25, 2033. The staggered maturity dates provide the company with a well-distributed debt repayment schedule.

Regulatory Compliance and Documentation

The disclosure was signed digitally by Sanjay Ahuja, Sr. Vice President & Company Secretary, on April 7, 2026, demonstrating the company's adherence to corporate governance standards and regulatory compliance requirements. This transparency in debt disclosure helps maintain investor confidence and meets statutory obligations for listed debt instruments.