Power Finance Corporation Limited has notified stock exchanges that its trading window will reopen on March 20, 2026, allowing trading in the company's equity shares and listed debt securities including tax-free bonds.

Trading Window Reopening Details

The announcement, dated March 17, 2026, confirms that the trading window will remain closed until March 19, 2026, and will open with effect from March 20, 2026. This closure and reopening follows the company's established code of practices and procedures for fair disclosure of unpublished price sensitive information.

Regulatory Compliance

The trading window closure and reopening is implemented under Power Finance Corporation's "Code of Practices & Procedures for Fair Disclosure of Unpublished Price Sensitive Information and Conduct for Regulating, Monitoring & Reporting of Trading in the Securities of Power Finance Corporation Limited." This code ensures compliance with insider trading regulations and maintains market integrity.

Communication Details

The notification was formally communicated to both major stock exchanges on March 17, 2026. Company Secretary and Compliance Officer Manish Kumar Agarwal signed the communication, which was addressed to the listing departments of both exchanges.

This regulatory announcement ensures transparency and provides advance notice to investors and market participants about the trading window status for Power Finance Corporation securities.

Power Finance Corporation board has officially approved a comprehensive fundraising program of up to ₹1,60,000 crore for fiscal year 2026-27 along with declaration of fourth interim dividend of ₹3.25 per share for FY 2025-26. The board meeting held on March 17, 2026, concluded with approval of both major financial proposals as communicated to stock exchanges through official regulatory filing.

Board Meeting Outcomes and Approved Proposals

The board meeting commenced at 11:30 AM and concluded at 2:15 PM, successfully deliberating and sanctioning two significant financial initiatives. The comprehensive market borrowing program and interim dividend distribution reflect the company's strategic approach to capital management and shareholder value creation under Regulation 30 of SEBI Listing Obligations.

Comprehensive Fundraising Program Breakdown

The approved market borrowing program encompasses multiple funding instruments across domestic and international markets. The detailed breakdown includes long-term, medium-term, and short-term borrowing options to diversify funding sources and optimize capital structure, excluding funds raised and prepaid during the financial year.

Dividend Distribution and Payment Schedule

The board declared the fourth interim dividend of ₹3.25 per share (32.50% on face value of ₹10) for FY 2025-26, subject to TDS deduction. The company has established a clear timeline for dividend processing and payment to eligible shareholders with electronic transfer as the only permitted mode.

Regulatory Compliance and Authorization Framework

Power Finance Corporation has implemented comprehensive compliance measures in accordance with SEBI regulations and Companies Act provisions. The Chairman & Managing Director, on recommendation of Director (Finance), is authorized to interchange amounts amongst different borrowing sources within overall board-approved limits under sections 179(3)(c) and 179(3)(d) of the Companies Act 2013.

Shareholders seeking lower TDS rates or exemptions must submit scanned copies of PAN, Form 15G/15H, and other requisite documents through the designated online portal before March 23, 2026. The company emphasizes that no communication regarding tax determination shall be entertained after the record date, and dividend payments will be made exclusively through electronic modes as per recent amendments to listing regulations.