Power Grid Declares Final Dividend of ₹1.25/share for FY26; Approves ₹5,000 Cr Funding
Power Grid approved its FY26 audited financial results. The Board recommended a final dividend of ₹1.25 per share for FY26, in addition to interim dividends. The company also approved raising ₹5,000 Crore through unsecured rupee term loans.
The declaration of a final dividend and the significant fundraising approval are material events that can impact the company's financial standing and investor returns.
The announcement is positive due to the recommendation of a final dividend and the approval for fundraising, indicating financial health and growth potential.
Power Grid Corporation of India Limited (POWERGRID) announced the outcome of its Board Meeting held on Friday, 15th May, 2026. The Board approved the audited financial results (Standalone & Consolidated) for the Financial Year ended 31st March, 2026, with the Statutory Auditors issuing an unmodified opinion.
The Board recommended a final dividend of ₹1.25 per equity share (12.50%) for the Financial Year 2025-26, subject to shareholder approval at the upcoming Annual General Meeting (AGM). This final dividend is in addition to the interim dividends of ₹4.50 per share (paid on 01st December, 2025) and ₹3.25 per share (paid on 27th February, 2026).
Additionally, the company received approval to raise funds up to ₹5,000 Crore through an Unsecured Rupee Term Loan / Line of Credit (Bank Facility) via competitive bidding from its consortium of bankers and existing lenders. The Board Meeting commenced at 4:50 p.m. (IST) and concluded at 5:55 p.m. (IST).
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Power Grid Corporation of India Limited filed this with the NSE as a statutory disclosure, categorised under dividend. It is a primary document, not a recommendation, and the desk marks it high impact, which is the band that most often changes something.
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See the model portfoliosA plain-language summary of a public exchange filing by Power Grid Corporation of India Limited. Read the original for the full detail.