Power Finance Corporation Declares ₹4 Interim Dividend; Record Date Today 20 February 2026

State-run lender Power Finance Corporation Ltd (PFC) on 05 February 2026 announced a 3rd interim dividend of ₹4.00 per equity share for the financial year 2025–26, record date set for 20 February 2026, according to a regulatory filing with the stock exchanges.

The dividend, representing 40% on the face value of ₹10 per share, was approved by the Board of Directors at its meeting held on Thursday.

Key Dates and Timeline

PFC has fixed 20 February 2026 (Friday) as the record date for determining shareholder eligibility for the interim dividend.

The company said the dividend will be paid or dispatched on or before 06 March 2026.

As per the Income Tax Act, 1961, dividend income is taxable in the hands of shareholders and will be subject to tax deducted at source (TDS) at applicable rates. Shareholders seeking lower or nil TDS deduction are required to submit relevant documents, including PAN and prescribed forms such as 15G/15H, on or before 20 February 2026. No requests for tax rate modification will be entertained after the deadline.

Purpose Behind the Corporate Action

The interim dividend declaration forms part of the company’s capital distribution framework for FY26. The Board approved the payout alongside the un-audited standalone and consolidated financial results for the quarter and nine months ended 31 December 2025.

The financial results were reviewed by Joint Statutory Auditors Thakur Vaidyanath Aiyar & Co., Chartered Accountants, and Mehra Goel & Co., Chartered Accountants.

Impact on Shareholders

Eligible shareholders holding equity shares as on the record date of 20 February 2026 will receive ₹4 per share.

For example, a shareholder holding 1,000 equity shares of ₹10 face value each would be entitled to a gross dividend of ₹4,000, subject to applicable TDS.

The dividend payout does not alter the share capital structure of the company. It represents a cash distribution from profits for FY26 and does not involve any change in the number of outstanding shares.

Market Snapshot & Share Price Effect

Shares of Power Finance Corporation Ltd were trading at ₹409.80 on the National Stock Exchange as of 10:30 AM IST on 20 February 2026, up ₹4.25 or 1.05% from the previous close of ₹409.55.

The stock opened at ₹405.00 and touched a high of ₹410.95 and a low of ₹404.75 so far during the session. The volume-weighted average price (VWAP) stood at ₹408.83.

Source:

• https://www.bseindia.com/xml-data/corpfiling/AttachHis/fd47913d-ee34-442a-a67e-ed8e0d50144f.pdf
• https://www.nseindia.com/get-quote/equity/PFC/Power-Finance-Corporation-Limited