New Delhi: State-owned Power Finance Corporation (PFC) on Tuesday said its board has approved the fourth interim dividend of Rs 3.25 per equity share with a face value of Rs 10 each for 2025-26.

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March 23, 2026, will be the record date for the purpose of ascertaining the eligibility of shareholders for payment of the fourth interim dividend for 2025-26, a regulatory filing stated.

The date of payment of the aforesaid interim dividend shall be on or before April 16, 2026.

"Board of Directors of Power Finance Corporation Ltd (PFC), in its meeting held today i.e. March 17, 2026, have inter- alia approved declaration of fourth interim dividend at the rate of Rs 3.25 per equity share (i.e. at the rate of 32.50 per cent ) (subject to deduction of TDS) on the face value of the paid-up equity shares of Rs 10 each for the FY 2025-26," the company said.

The board also approved a borrowing plan of Rs 1,60,000 crore in 2026-27.

It stated that the company may borrow up to Rs 1,60,000 crore in the FY 2026-27, excluding funds raised under extra budgetary resources (EBR), subject to the borrowing limits as approved by the shareholders through different sources in one or more tranches/series.

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The Rs 1,60,000 crore borrowing will include Rs 1,00,000 crore in the form of bonds, securities, long or medium-term instruments and term loans.

It also includes Rs 20,000 crore in foreign currency borrowing by way of issuance of various instruments.

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