Torrent Power has announced a board meeting scheduled for February 10, 2026, to review and approve the unaudited financial results for the quarter and nine months ending December 31, 2025. The board will also consider the declaration of an interim dividend for the financial year 2025-26, if applicable, and discuss raising funds through the issuance of Non-Convertible Debentures via private placement.
Board Meeting Announcement
Torrent Power has scheduled a meeting of its Board of Directors to be held on February 10, 2026. The primary agenda includes reviewing and approving the company’s recent financial performance.
Key Agenda Items
During the meeting, the board will address the following key items:
- Unaudited Financial Results: Review and approval of the unaudited financial results for the quarter and nine months ended December 31, 2025.
- Interim Dividend: Consideration of a declaration of an Interim Dividend to the Equity Shareholders for the financial year 2025-26, subject to evaluation and determination.
- Fund Raising: Exploring the potential raising of funds through the issuance of Non-Convertible Debentures (NCDs) on a private placement basis.
Financial Performance Review
The board will analyze the company’s financial results for the period ending December 31, 2025. This assessment will provide insights into Torrent Power’s operational and financial standing, covering Q3 of FY26.
Potential Dividend Declaration
Shareholders will be watching closely to see if the board approves an interim dividend for FY2025-26. This decision hinges on the company’s performance and financial position.
Fund Raising Plans
The board will also consider the possibility of raising funds by issuing Non-Convertible Debentures through private placement. This move could provide Torrent Power with additional capital for future investments and strategic initiatives.
Source: BSE