The board of directors of the Power Finance Corporation approved Rs 1,40,000 crore borrowing plan for 2025-26. The board in its meeting held on March 12, 2025, approved a total borrowing of Rs 1,40,000 crore for 2025-26, a regulatory filing stated.
The board of the state-owned company also approved declaration of fourth interim dividend at the rate of Rs 3.50 per equity share on the face value of the paid-up equity shares of Rs 10 each for 2024-25.
The company has also fixed March 19, 2025 as the record date for payment of dividend, while the payment of dividend will be on or before April 11, 2025.
Shares of Power Finance Corporation Ltd settled in red in Wednesday's trading session at Rs 396 per share, down 0.85 percent.
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