New Delhi, March 17 State-owned Power Finance Corporation announced on Tuesday that its board has approved the fourth interim dividend of Rs 3.25 per equity share with a face value of Rs 10 each for the fiscal year 2025-26.
March 23, 2026, will be the record date for determining the eligibility of shareholders to receive the fourth interim dividend for 2025-26, according to a regulatory filing.
The payment date for this interim dividend will be on or before April 16, 2026.
"The Board of Directors of Power Finance Corporation Ltd (PFC), in its meeting held today, March 17, 2026, has, among other things, approved the declaration of a fourth interim dividend at the rate of Rs 3.25 per equity share (i.e., at a rate of 32.50 percent), subject to the deduction of TDS, on the face value of the paid-up equity shares of Rs 10 each for the fiscal year 2025-26," the company said.
The board also approved a borrowing plan of Rs 1,60,000 crore for the fiscal year 2026-27.
The company may borrow up to Rs 1,60,000 crore in the fiscal year 2026-27, excluding funds raised under extra budgetary resources (EBR), subject to the borrowing limits as approved by the shareholders through different sources in one or more tranches/series.
The Rs 1,60,000 crore borrowing will include Rs 1,00,000 crore in the form of bonds, securities, and long- or medium-term instruments and term loans.
It will also include Rs 20,000 crore in foreign currency borrowing through the issuance of various instruments.