Power Finance Corporation Limited has informed the Exchange regarding Notice of Annual General Meeting to be held on August 28, 2025
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Power Finance Corporation (PFC) has informed exchanges that its 39th Annual General Meeting will be held on Thursday, August 28, 2025 at 11:00 AM through video conferencing. The Annual Report for FY 2024-25 was sent to shareholders via email on August 6, 2025. Key business items include adopting standalone and consolidated financial statements, confirming the interim dividend and declaring the final dividend for FY25, re-appointing a director, fixing auditor remuneration, and appointing five Independent Directors and a new Secretarial Auditor. The accompanying Annual Report highlights a record consolidated PAT of ₹30,514 crore (up 15% YoY) and standalone PAT of ₹17,352 crore (up 21%), with the loan asset book growing 13% to ₹5,43,120 crore. PFC declared a record dividend of ₹15.80 per share, while Gross NPAs fell to 1.94% and Net NPAs dropped sharply to 0.39%.
This is primarily a routine AGM notice, but the embedded FY25 results are strong: record profits, a 13% loan book expansion, a 35% surge in renewable energy financing, and significantly improved asset quality. The record dividend of ₹15.80 per share is positive for shareholders, and the proposed final dividend declaration at the AGM will be a key near-term catalyst for the stock.