IRFC has successfully completed a strategic External Commercial Borrowing (ECB) roadshow in Tokyo, marking a significant step in the corporation's funding diversification strategy. The two-day initiative concluded on 27 February 2026, with strong investor interest from Japanese regional investors.

Roadshow Leadership and Objectives

The Tokyo roadshow was spearheaded by a senior IRFC delegation comprising Executive Director (Finance) Ms. Deepa Kotnis and Executive Director (Business Development) Mr. Sunil Kumar Goel. The primary objective focused on mobilizing long-term funds at competitive rates and favorable terms while strategically diversifying IRFC's currency profile.

Investor Engagement Strategy

The roadshow comprised a series of one-on-one meetings with leading Japanese regional investors, designed to showcase IRFC's investment proposition. The delegation emphasized IRFC's strong sovereign linkages, robust asset-liability management framework, and consistent track record in supporting India's railway infrastructure expansion.

During the interactions, investors expressed keen interest in IRFC's core railway financing business, particularly noting its stable cash flow model and strategic importance to national infrastructure development. The corporation's evolving role as a diversified infrastructure financing institution was highlighted through its recent diversification initiatives into high-quality PSU and infrastructure exposures beyond the Ministry of Railways.

Strategic Partnership Support

The roadshow benefited from structured support provided by Mandated Lead Arrangers (MLAs), including:

• Sumitomo Mitsui Banking Corporation (SMBC)
• Mitsubishi UFJ Financial Group (MUFG)

These institutions facilitated structured investor engagements across the Japanese market, ensuring comprehensive coverage of potential funding sources.

Market Response and Credit Profile

The strong investor response underscores continued global confidence in IRFC's credit profile and business strategy. IRFC maintains a credit rating at par with the Indian Government by JCRA, reinforcing its strong sovereign linkages and creditworthiness in international markets.

The successful completion of the Tokyo roadshow is expected to strengthen IRFC's presence in the Japanese investor base and support the corporation's objective of securing cost-effective, diversified funding lines to meet its growing financing requirements. This initiative forms part of IRFC's calibrated approach to optimize its cost of borrowing and enhance access to diversified pools of global capital.

Indian Railway Finance Corporation Limited has officially announced a board meeting to consider the declaration of a second interim dividend for shareholders. The railway financing entity has issued formal notification under SEBI regulations, marking a significant development for investors in the current fiscal year.

Board Meeting Details

The company's board of directors will convene on Monday, March 09, 2026, with the primary agenda being the consideration of a second interim dividend declaration for shareholders. This meeting has been scheduled in compliance with SEBI Listing Obligations and Disclosure Requirements Regulations, 2015.

Trading Window Restrictions

In accordance with SEBI Prohibition of Insider Trading Regulations, 2015, the company has implemented specific trading restrictions around the board meeting. The trading window closure began on Friday, February 27, 2026, and will continue until 48 hours after the board meeting concludes.

During this period, all designated employees and connected persons are prohibited from trading in the company's securities, including equity shares and listed debt securities. This measure ensures compliance with insider trading regulations and maintains market integrity.

Tax Compliance and Documentation Requirements

The company has emphasized that dividend income is subject to taxation, requiring tax deduction at source (TDS) as per The Income Tax Act, 1961. Shareholders must update their records to ensure proper tax treatment and seamless dividend processing.

Electronic Payment Mode

Following recent amendments in listing regulations, dividend payments will be made exclusively through electronic mode. The provision for physical instruments such as cheques or warrants has been discontinued, making it essential for shareholders to maintain updated banking details.

Shareholders who fail to provide requisite details by the specified deadline may face higher TDS rates. However, excess tax paid can be claimed as refunds during income tax return filing through Form 26AS available on the Income Tax Portal. No claims will be entertained against the company for such deductions.

Source: None/Company/INE053F01010/d92480dd-d6aa-4898-82e4-346e4f889ea7.pdf