PFC shares climb 4% as board approves fourth interim dividend, borrowing plan for FY27

The stock was trading 2.05% higher at ₹426.60 per equity share as of 12:57 PM.

The scrip has gained 5% in the last week and 2% over the month. On a year-to-date basis, it has advanced 18%.

While the share touched a 52-week low of ₹329.90 apiece on December 18, 2025, it hit a year's high of ₹444.10 on April 22, 2025.

Dividend details

Its board of directors also fixed Monday, March 23, 2026, as the record date for the purpose of ascertaining the eligibility of shareholders for payment of the fourth interim dividend for FY26, a regulatory filing dated Tuesday stated.

The date of payment of the aforesaid interim dividend shall be on or before April 16, 2026, it added.

"Board of Directors of Power Finance Corporation Ltd (PFC), in its meeting held today i.e. March 17, 2026, have inter- alia approved declaration of fourth interim dividend at the rate of ₹3.25 per equity share (i.e. at the rate of 32.50%) (subject to deduction of TDS) on the face value of the paid-up equity shares of ₹10 each for the FY 2025-26," the company said.

Board okays ₹1.6 lakh borrowing plan for FY27

The company’s board also approved a borrowing plan of ₹1,60,000 crore in the 2026-27 fiscal year.

It stated that the company may borrow up to ₹1,60,000 crore in FY27, excluding funds raised under extra budgetary resources (EBR), subject to the borrowing limits as approved by the shareholders through different sources in one or more tranches/series.

The ₹1,60,000 crore borrowing will include ₹1,00,000 crore in the form of bonds, securities, long or medium-term instruments, and term loans.

It also includes ₹20,000 crore in foreign currency borrowing by way of issuance of various instruments.

Power Finance Corporation has a total market capitalisation of ₹1.41 lakh crore, as of March 18, 2026, according to data on the NSE.