governance

Tamil Nadu Infrastructure Fund Management Corporation Ltd. (TNIFMC) was conceived as an independent, board-run organization and its founding team has taken a number of measures to ensure that our investor’s interests are paramount and are closely aligned with the interests of the team.

  • 49% GoTN, 51% PSU Banks, Private Banks & Financial Institutions
  • Currently 4 Government Directors, to be reduced to 2 after dilution
  • 2 Independent directors
  • 1 Shareholder nominee (NHB)

The final authority on all investment decisions rests with the Investment Committee (IC), which has no representation from the shareholders and consists of eminent persons who have agreed to approve investment decisions.



In areas requiring specialized skills outside of the core area of investment, we work through the best service providers in the country. Thus compliance, governance, FATCA, PMLA, legal and tax issues etc. are handled by the leading experts in the country.