PFC Plans Massive Borrowing and Announces Fourth Interim Dividend for FY 2025-26

PFC Plans Massive Borrowing and Announces Fourth Interim Dividend for FY 2025-26

PFC’s bold borrowing plan and attractive dividend announcement are driving investor interest, with the share surging over 3 per cent following the news. The company is set to raise Rs 1.6 lakh crore through domestic and international markets while rewarding shareholders with a fourth interim dividend.

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On March 18, 2026, Power Finance Corporation (PFC) unveiled its borrowing strategy for the financial year 2026-27 and announced a fourth interim dividend for FY 2025-26.

Following this, on Wednesday, the share price rose over 3 per cent in early trade.

PFC’s Borrowing Plan for FY 2026-27

PFC has been authorised to raise funds up to Rs 1,60,000 crore during FY 2026-27 through multiple financial instruments. The borrowings are structured under two main categories: long/medium-term and short-term, including both domestic and foreign currency sources.

PFC’s borrowing plan for FY 2026-27

Type

Market

Source

Maximum Amount (Rs crore)

Long Term

Domestic

Bonds, Term Loans

1,10,000

Long Term

International

Loans, Bonds

20,000

Short Term

Domestic

Short-Term Loans, Commercial Paper

20,000

Short Term

International

FCNR(B) Loans

10,000

Total

1,60,000

The Board of Directors has empowered the Chairman & Managing Director, on the recommendation of the Director (Finance), to interchange amounts among different sources of borrowings within the approved limits. This flexibility ensures efficient fund management aligned with market conditions and corporate requirements.

Fourth Interim Dividend for FY 2025-26

PFC has also declared a fourth interim dividend of Rs 3.25 per equity share, equivalent to 32.50 per cent of the paid-up equity share capital (face value Rs 10 each). Shareholders eligible for the dividend are determined as of the record date: March 23, 2026 (Monday). The dividend payment is scheduled on or before April 16, 2026, subject to TDS deductions.

About Power Finance Corporation (PFC) Ltd

Power Finance Corporation Ltd is a Systemically Important Non-Deposit taking NBFC registered with the RBI as an Infrastructure Finance Company. It is engaged in extending financial assistance to the Indian power sector.

Power Finance Corporation (PFC) Ltd Share Price

Following the announcement on March 18, 2026, the share opened at Rs 420.95, touched a high of Rs 434.95, and was trading at Rs 431.05 by 12:15 PM IST, up 3.11 per cent from the previous close of Rs 418.05.

The share has gained 18.82 per cent year-to-date (YTD), and over the past year (1Y), it has increased by 7.37 per cent.

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Disclaimer: The article is for informational purposes only and not investment advice.