Power Finance Corporation Ltd has fixed Friday, July 31, 2026, as the record date for the payment of a final dividend of ₹3.95 per equity share for the financial year 2025-26. The dividend, declared on a face value of ₹10 each, was recommended by the company's Board of Directors during its meeting on May 13, 2026. Shareholders registered in the records of the company on this date will be eligible to receive the payout, pending approval at the ensuing Annual General Meeting.

The disbursement is contingent upon shareholder approval during the Annual General Meeting. Once sanctioned, the company aims to distribute the dividend within 30 days from the date of the meeting approval.

Tax Deduction and Compliance

The company has noted that dividend income is taxable in the hands of shareholders under the provisions of the Income Tax Act, 1961. Consequently, Power Finance Corporation is required to deduct tax at source (TDS) at the rates prescribed by the Act at the time of payment.

Shareholders wishing to avail of a lower tax deduction rate or no deduction must submit specific documentation, including a scanned copy of their PAN and Form 15G or 15H, through the designated portal. The company has specified that no communications regarding tax determination or lower deduction requests will be entertained after July 31, 2026.

Key Dividend Details

Power Finance Corporation Ltd appointed Shri V. Packirisamy as Director (Commercial) and Shri Pankaj Gupta as Part-time Non-Official Director on its Board effective June 2, 2026, and June 22, 2026, respectively. The appointments were made by the Ministry of Power, Government of India, pursuant to specific orders and the Articles of Association of the Company. The Board approved these appointments at its meeting held on June 24, 2026.

The disclosure was submitted to the National Stock Exchange of India Limited and BSE Limited pursuant to Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. The company confirmed that the appointees are not debarred from holding the office of Director by virtue of any order of SEBI or any other authority.

Appointment Details

Shri Pankaj Gupta (DIN: 03415536) is a Chartered Accountant and a Fellow Member of the Institute of Chartered Accountants of India (ICAI). He brings over 25 years of professional experience in the fields of Taxation, Audit & Assurance, Corporate Law, and Financial Advisory. Gupta is the Managing Partner of Pankaj Manvi & Associates, a firm providing services in Direct and Indirect Taxation, Audit, Accounting, Fund Raising, and Corporate Litigation.