Latest News | TFCI Plans to Raise Rs 65.18 Cr from Investors
Get latest articles and stories on Latest News at LatestLY. Tourism Finance Corporation of India (TFCI) on Friday said it is planning to raise Rs 65.18 crore from a group of investors.
New Delhi, Sep 3 (PTI) Tourism Finance Corporation of India (TFCI) on Friday said it is planning to raise Rs 65.18 crore from a group of investors.
The board has approved a capital raise proposal by way of issue of up to 96.55 lakh shares of the face value of Rs 10 each at an issue price of Rs 67.50, the company said in a statement.
The transaction is subject to regulatory as well as shareholders' approval, it said.
(The above story is verified and authored by Press Trust of India (PTI) staff. PTI, India’s premier news agency, employs more than 400 journalists and 500 stringers to cover almost every district and small town in India.. The views appearing in the above post do not reflect the opinions of LatestLY)