Power Finance Corporation Declares Interim Dividend of ₹3.25 for FY26

Power Finance Corporation (PFC) Share Price Rallies 2% on Interim Dividend and Fundraising Plan

PFC Share Price: The ₹416.15 per share mark was reached by Power Finance Corporation (PFC) on the BSE on Tuesday, following a 2.37% gain. This development comes after the company's board of directors approved two significant proposals.

Interim Dividend: The PFC board has approved a ₹3.25 per equity share interim dividend for FY 2025-26. The record date for ascertaining shareholder eligibility has been set for March 23, 2026, with the payment date scheduled for April 16, 2026.

Fundraising Plan: The company has announced a plan to raise up to ₹1,60,000 crore in FY 2026-27 through a mix of debt instruments across domestic and international markets. This includes:

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• ₹1.1 lakh crore through long- and medium-term borrowings, including domestic bonds, term loans, green bonds, and 54EC capital gain bonds.
• ₹20,000 crore through foreign currency borrowings such as syndicated loans, overseas bonds, and FCNR(B) instruments.
• ₹30,000 crore from short-term borrowings, including commercial papers (CPs), short-term loans, and certificates of deposit (CDs).

The funds will be raised in one or more tranches, with the possibility of listing on the BSE and NSE. At 2:55 PM, PFC's share price was trading 2.34% higher at ₹416.00 per share on the BSE.