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PFC Board Approves Fourth Interim Dividend
18 Mar
Summary
- PFC approved a fourth interim dividend of ₹3.25 per equity share.
- The dividend is for the financial year 2025-26.
- The record date for the dividend is March 23, 2026.
On March 17, 2026, the board of directors for Power Finance Corporation (PFC) approved its fourth interim dividend. This dividend amounts to ₹3.25 per equity share, based on a face value of ₹10 per share, and is designated for the financial year 2025-26.
The company has set Monday, March 23, 2026, as the record date to determine which shareholders qualify for this interim dividend payment. PFC has indicated that the dividend payment will be disbursed on or before April 16, 2026.
This announcement coincided with a positive market reaction, as PFC's share price saw an increase of over 2% on March 17, 2026. The rally was also attributed to the company's plans to raise funds for FY27 through various instruments, including bonds and term loans from both domestic and international sources.
