<ul data-eligibleForWebStory="false"><li>Tourism Finance Corporation of India has announced a stock split in the ratio of 1:5, subject to shareholder approval at the upcoming annual general meeting.</li><li>The stock split aims to enhance liquidity, improve affordability for retail investors, and broaden the shareholder base.</li><li>After the split, the company's equity shares will increase from 9.25 crore to 46.29 crore with a new face value structure.</li><li>The board also approved the appointment of secretarial auditors for a five-year term.</li></ul>

Tourism Finance Corporation Board Approves 1:5 Stock Split

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