Power Grid Corporation of India Limited has informed the Exchange that Board of Directors at its meeting held on May 19, 2025, recommended Final Dividend of Rs. 1.25 per equity share.
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The Board of Directors of Power Grid, at its meeting on May 19, 2025, recommended a final dividend of Rs. 1.25 per equity share (12.5% of the Rs. 10 face value) for FY 2024-25, subject to shareholder approval at the upcoming AGM. This final dividend is in addition to the two interim dividends already paid during the year: Rs. 4.50 per share (December 2024) and Rs. 3.25 per share (February 2025). The total dividend for FY 2024-25 works out to Rs. 9.00 per share, i.e. 90% of the face value, which will be paid within 30 days of declaration at the AGM. The Board also approved the audited standalone and consolidated financial results for the year ended March 31, 2025, with statutory auditors issuing an unmodified opinion.
This is positive for retail shareholders, reinforcing Power Grid's reputation as a steady, high dividend-paying PSU stock. A total dividend of Rs. 9 per share provides a meaningful income stream, though the lower final dividend compared to past years reflects a more conservative payout pattern.