Power Finance Corporation Declares Fourth Interim Dividend and Announces Massive Borrowing Plan

The Power Finance Corporation's board has approved a fourth interim dividend of Rs 3.25 per share for FY 2025-26, and a massive Rs 1,60,000 crore borrowing plan for 2026-27. The dividend is payable by April 16, 2026, and borrowing includes Rs 1,00,000 crore in bonds.

The Power Finance Corporation's board of directors announced a fourth interim dividend of Rs 3.25 per equity share for fiscal year 2025-26. Eligible shareholders will be identified by March 23, with payments made by April 16, 2026.

The company also unveiled an ambitious borrowing plan amounting to Rs 1,60,000 crore for 2026-27. This plan will be executed across different financial instruments and sources, excluding extra budgetary resources.

Key elements of the borrowing strategy include Rs 1,00,000 crore in bonds, securities, and loans, with up to Rs 20,000 crore raised via foreign currency borrowing.

(With inputs from agencies.)