Power Finance Corporation Ltd Fixes Record Date for Final Dividend of 3.95 Per Equity Share
Power Finance Corporation Ltd has set the record date for shareholders interested in the final dividend for the financial year 2025-26. This dividend was recommended by the company's Board of Directors following a meeting held on May 13, 2026.The company announced that the Record Date for ascertaining shareholder entitlement regarding the Final Dividend is Friday, July 31, 2026. The dividend amount stands at ₹3.95 per equity share, based on the face value of ₹10/- each for the equity shares of Power Finance Corporation Ltd.
The Board's recommendation for the final dividend is subject to approval by shareholders in the ensuing Annual General Meeting. If approved, the payment of this dividend will be made within 30 days from the date of shareholder approval at the meeting, subject to tax deduction at source (TDS).
In relation to the income tax provisions, the company stated that dividend income is taxable for shareholders and requires TDS deduction as per the Income Tax Act, 1961. Shareholders who wish to have their tax deducted at a lower rate or require no tax deduction must submit scanned copies of PAN, Form 15G/15H, and other required documents through the designated online portal.
The company further noted that while tax determination can be made after July 31, 2026, all relevant financial information pertaining to dividend tax implications remains current for interested parties.
PFC Stock Price Movement
As of 2:16 PM, shares of Power Finance Corporation Limited are rallying, edging up 1.52% to trade at ₹437.45, according to live trading data. The stock maintains strong momentum, holding well above its day low of ₹430.15 as the company trades through a volume of 3.3 million shares.Disclaimer: Due care and diligence have been taken in compiling and presenting news and market-related content. However, errors or omissions may arise despite such efforts.
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