Power Finance Corporation’s (PFC) board of directors sanctioned a Rs 1,40,000 crore borrowing program for the 2025-26 fiscal year. The step was taken during a March 12, 2025, board meeting as per the company’s regulatory filing.
In addition to the plan for borrowing, the board also announced the fourth interim dividend for the financial year 2024-25 of Rs 3.50 per equity share. The face value per paid-up equity share is Rs 10.
PFC has also declared the record date for the payment of the dividend as March 19, 2025, and the payment of the dividend shall be made on or before April 11, 2025.
Power Finance Corporation Ltd shares closed at Rs 396 per share on March 13, declining 0.85 percent for the day’s trading session.
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Source: Moneycontrol.
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