Indian Renewable Energy Development Agency Limited has informed the Exchange that Board of Directors at its meeting held on March 25, 2026, declared Interim Dividend of Rs. 0.60 per equity share.
IREDA · price
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IREDA's Board of Directors, at its meeting on March 25, 2026, declared an interim dividend of ₹0.60 per equity share, which is 6% on the face value of ₹10 per share, for the financial year 2025-26. The record date has been fixed as Thursday, April 02, 2026, to determine eligible shareholders. The dividend will be paid within 30 days of declaration and will be remitted exclusively through electronic mode, so shareholders must ensure their bank details are updated with their depository participant. Tax will be deducted at source as per applicable income tax rules, with the option for shareholders to submit Form 15G/15H to claim lower or nil TDS by April 02, 2026. The trading window for designated persons reopens from March 28, 2026.
Shareholders holding IREDA shares as of the April 2, 2026 record date will receive a modest interim dividend of ₹0.60 per share. While the announcement confirms continued shareholder returns, the actual yield on the stock at current market prices is likely to be relatively low. The announcement may have a limited direct impact on stock price beyond signalling steady dividend policy.