POWERGRIDNSEPower Grid Corporation of India Limited· PowerHighPositive
Announced Mon, 3 Nov · 18:22 IST

Power Grid Corporation of India Limited has informed the Exchange that Board of Directors at its meeting held on November 03, 2025, declared Interim Dividend of Rs. 4.50 per equity share.

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AI summary

Power Grid Corporation's Board has approved a 1st Interim Dividend of Rs. 4.50 per equity share (45% of paid-up capital of Rs. 10 each) for FY 2025-26. The record date for the dividend is November 10, 2025, and the payment is scheduled for December 1, 2025. Along with the dividend, the Board also approved unaudited financial results for Q2 and H1 FY26 (ended September 30, 2025). Additionally, the company plans to raise up to Rs. 6,000 crore through an unsecured rupee term loan or line of credit from State Bank of India.

Likely market impact

Shareholders holding shares as of the record date (November 10, 2025) will be eligible for the interim dividend payout on December 1, 2025. The dividend signals steady cash returns to investors, while the Rs. 6,000 crore borrowing from SBI indicates ongoing capital expenditure funding, typical for the power transmission business.