POWERGRID Board Recommends Final Dividend and Announces Fund Raising Plan

POWERGRID has announced its audited financial results for the fiscal year ending March 31, 2026. The Board of Directors has recommended a final dividend of Rs. 1.25 per share, bringing the total dividend payout for the year to Rs. 9.00 per share. Additionally, the company is set to raise up to Rs. 5,000 crore through unsecured rupee term loans to support its capital requirements.

Financial Performance Overview

The Board of Directors of POWERGRID met on May 15, 2026, to approve the audited standalone and consolidated financial results for the financial year 2025-26. The company has received an unmodified opinion from its statutory auditors, reflecting a transparent and accurate financial position for the fiscal year that concluded on March 31, 2026.

Dividend Payout Details

As part of the company’s commitment to returning value to its shareholders, the Board has recommended a final dividend of Rs. 1.25 per equity share (a 12.50% payout on face value). This is subject to approval by shareholders at the upcoming Annual General Meeting.

This final dividend complements the interim payouts already distributed during the fiscal year:

  • 1st Interim Dividend: Rs. 4.50 per share (paid on December 1, 2025)
  • 2nd Interim Dividend: Rs. 3.25 per share (paid on February 27, 2026)

Including the proposed final dividend, the total payout for FY 2025-26 reaches Rs. 9.00 per share.

Strategic Capital Raising

In a move to optimize its financial structure and support ongoing operational needs, the company has received approval to raise funds up to Rs. 5,000 crore. These funds will be sourced through unsecured rupee term loans or lines of credit, secured via a competitive bidding process involving the company’s existing consortium of bankers and lenders.

Source: BSE

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