POWERGRIDNSEPower Grid Corporation of India Limited· PowerHighPositive
Announced Fri, 15 May · 20:15 IST

Power Grid Corporation of India Limited has informed the Exchange that Board of Directors at its meeting held on May 15, 2026, recommended Final Dividend of Rs. 1.25 per equity share.

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Price reaction · full curve 14 horizons · vs prior close
-2.4%1-day move
₹305.50
prior close
₹296.30
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AI summary

Power Grid Corporation's Board recommended a final dividend of Rs. 1.25 per equity share (12.50% on face value of Rs. 10) for FY 2025-26, subject to shareholder approval at the 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. Total dividend for FY 2025-26 comes to Rs. 9.00 per share. The Board also approved raising funds up to Rs. 5,000 crore through unsecured rupee term loans from existing lenders. Auditors issued unmodified opinions on both standalone and consolidated financial statements.

Likely market impact

The total dividend of Rs. 9 per share represents a healthy payout, signaling stable cash flows and consistent shareholder returns. The fund-raising plan of Rs. 5,000 crore for debt is modest and from existing lenders, suggesting no major dilution concerns.