Board recommended Final Dividend for the Financial Year 2025-26.
POWERGRID · price
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Power Grid's Board of Directors, in its meeting on May 15, 2026, approved the audited financial results for FY 2025-26 with an unmodified opinion from statutory auditors. The Board recommended a final dividend of Rs. 1.25 per share (12.50% on face value of Rs. 10), subject to shareholder approval at the ensuing AGM. This final dividend is on top of two interim dividends already paid: Rs. 4.50 per share in December 2025 and Rs. 3.25 per share in February 2026. The total dividend for FY 2025-26 aggregates to Rs. 9.00 per share. Additionally, the Board approved raising funds up to Rs. 5,000 crore through unsecured rupee term loans via competitive bidding from existing lenders.
The total dividend of Rs. 9 per share demonstrates Power Grid's continued shareholder-friendly approach, consistent with its reputation as a reliable high-dividend payer in the utilities sector. The Rs. 5,000 crore borrowing plan is a routine refinancing activity. Shareholders can expect the final dividend to be paid within 30 days of declaration at the AGM.