PFCNSEPower Finance Corporation Limited· Financial InstitutionHighPositive
Announced Tue, 17 Mar · 14:23 IST

Power Finance Corporation Limited has informed the Exchange that Board of Directors at its meeting held on March 17, 2026, declared Interim Dividend of Rs. 3.25 per equity share.

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Price reaction · full curve 14 horizons · vs prior close
+6.7%1-day move
₹405.00
prior close
₹414.45
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AI summary

Power Finance Corporation's Board has declared a 4th interim dividend of Rs. 3.25 per equity share (32.50% on face value of Rs. 10) for FY 2025-26. The record date has been set for March 23, 2026, and the dividend will be paid on or before April 16, 2026, subject to TDS deduction. Separately, the Board approved a borrowing plan of up to Rs. 1,60,000 crore for FY 2026-27 through various instruments including domestic and foreign currency bonds, term loans, and commercial paper. Dividend payments will now be made only through electronic modes, and shareholders are advised to update their bank account details.

Likely market impact

The fourth interim dividend signals consistent capital returns to shareholders for FY 2025-26. The Rs. 1.6 lakh crore borrowing plan for FY 2026-27 indicates continued growth ambitions, which may expand the lending book but also raise leverage. Short-term sentiment could be mildly positive due to the dividend announcement.