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IRFCNSEIndian Railway Finance Corporation Limited· FinanceHighPositive
Announced Mon, 9 Mar, 2026 · 13:15 IST

Indian Railway Finance Corporation Limited has informed the Exchange that Board of Directors at its meeting held on March 09, 2026, declared Interim Dividend of Rs. 1.05 per equity share.

IRFC · price

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▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.

Price reactionminutes from the announcement price · days from the prior close
-1.7%Reaction day
₹99.40
prior close
₹96.22
announcement price
In-mkt
timing
Nifty 100market · index membership as recorded later (tracked since Jun 2026)-1.8%+0.1% vs market
Financial Institution peers, median of 7sector-3.7%+2.0% vs sector

On the reaction day the stock moved 0.1 pts more than Nifty 100 and 2.0 pts more than its Financial Institution peers, over the same two closes: a difference in percentage points, not a measure of what the filing did.

Minutes after the announcementfrom the announcement price · no benchmark
Stock
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Sessions after the filingfrom the prior close
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Reaction day
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Next day
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UpDownMarket · Nifty 100Sector · Financial Institution peers, median of 7Pending

Minute windows have no benchmark: there is no intraday index history to compare against.

AI summary

The Board of IRFC, at its meeting on March 9, 2026, approved the second interim dividend of Rs. 1.05 per equity share (face value Rs. 10) for FY 2025-26. The record date for determining shareholder eligibility is Friday, March 13, 2026, and the dividend will be paid within 30 days of declaration. The Board also approved a market borrowing programme of up to Rs. 70,000 crores for FY 2026-27 to fund lending to Indian Railways, refinancing, and diversification under IRFC 2.0. Several internal policies including the Dividend Distribution Policy and Insider Trading Code were also revised.

Likely market impact

Shareholders on the register as of March 13, 2026 will receive Rs. 1.05 per share; the Rs. 70,000 crore borrowing plan signals continued heavy capital-raising activity to support railway funding needs, which may dilute existing bond holders but supports business growth.