Indian Renewable Energy Development Agency Limited has declared an interim dividend of ₹0.60 per share following its Board of Directors meeting held on March 25, 2026. The renewable energy financing company announced this dividend declaration at 6% on the face value of paid-up equity shares of ₹10 each for the financial year 2025-26.

Dividend Declaration and Payment Details

The board meeting concluded with the approval of interim dividend distribution under Regulation 30 of SEBI (LODR) Regulations, 2015. The company has established a clear timeline for dividend processing and shareholder eligibility with the record date fixed as Thursday, April 2, 2026.

Tax Compliance and Electronic Payment

The dividend payment will be subject to Tax Deducted at Source (TDS) as per Income Tax Act, 1961. Shareholders seeking lower tax deduction rates or exemptions must submit required documents including PAN, Form 15G/15H before the record date. The company has emphasized that no communication regarding tax determination or deduction at lower rates will be entertained after April 2, 2026, and incomplete documents will not be considered.

The company emphasized that dividend payments will be made exclusively through electronic mode, with physical instruments like cheques or warrants discontinued as per recent amendments in Listing Regulations. Shareholders are advised to update their bank account details with their respective Depository Participants to facilitate smooth and timely credit of dividend.

Trading Window and Corporate Communication

Following the board meeting conclusion, the trading window will reopen on March 28, 2026, for all designated persons and their immediate relatives. The board meeting commenced at 3:00 PM and concluded at 4:45 PM on March 25, 2026, with comprehensive deliberations on the interim dividend declaration.

The official communication was addressed to both National Stock Exchange of India Limited and BSE Limited under reference number CACS/Sectt./efile 8731, maintaining transparency with all stakeholders. Additional details regarding taxation of dividend are available on the company's website at www.ireda.in . This interim dividend declaration demonstrates IREDA's commitment to returning value to shareholders while maintaining strong financial discipline in the renewable energy financing sector.

Source: Company/INE202E01016/8303780a-362f-4076-b515-1842bc2cdfdf.pdf

IREDA has announced major enhancements to its borrowing strategy, approving substantial funding programmes across two consecutive financial years to strengthen its position in renewable energy financing.

Enhanced Borrowing Plan for FY2025-26

The company has approved an enhancement of its borrowing plan for FY2025-26, increasing the total borrowing capacity to ₹358 billion. This represents a significant expansion in the company's funding capabilities for the upcoming financial year.

Market Borrowing Programme for FY2026-27

Looking ahead to FY2026-27, IREDA has approved a comprehensive market borrowing programme with a ceiling of ₹400 billion. This forward-looking approach demonstrates the company's strategic planning for sustained growth in renewable energy financing.

Strategic Financial Planning

The approval of these borrowing programmes reflects IREDA's commitment to maintaining adequate financial resources for supporting India's renewable energy sector. The combined borrowing capacity of ₹758 billion across both financial years positions the company to meet the growing demand for renewable energy project financing.

These enhanced borrowing plans provide IREDA with the financial flexibility needed to support various renewable energy initiatives and maintain its role as a key facilitator in India's clean energy transition.