PFC Declares Final Dividend For FY26, Sets Record Date Of July 31, 2026

Power Finance Corporation (PFC) has announced the record date for its final dividend for FY2025–26. In a regulatory filing, the state-owned NBFC informed stock exchanges that July 31, 2026 has been fixed as the record date to determine eligible shareholders for dividend entitlement.

The board had earlier recommended a final dividend of ₹3.95 per equity share of face value ₹10 each, subject to approval at the company’s upcoming Annual General Meeting (AGM).

Record Date Set For Dividend Eligibility

According to the exchange filing, shareholders holding PFC shares as of July 31, 2026 will be eligible to receive the final dividend, pending approval at the AGM. Once approved, the dividend payout will be made within 30 days from the date of shareholder approval.

The announcement is in line with Regulation 42 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, which mandates listed companies to declare record dates for corporate actions such as dividends.

Dividend Payout Subject To Tax Deducted At Source (TDS)

PFC also clarified that dividend income will be taxable in the hands of shareholders as per the Income Tax Act, 1961. Accordingly, the company will deduct Tax Deducted at Source (TDS) at applicable rates at the time of payment.

However, shareholders seeking lower or nil TDS deduction can submit relevant documents such as PAN details and Forms 15G/15H through the designated portal. The company has also set July 31, 2026 as the final deadline for submission of tax-related documents, after which no requests for lower tax deduction will be accepted.

Strong Compliance Framework For Shareholders

The company has urged investors to ensure timely submission of documents to avoid higher tax deduction on dividend income. This process is part of standard compliance requirements aimed at ensuring smooth processing of dividend payments and accurate tax deduction reporting.

PFC continues to remain one of the key public sector financial institutions, with consistent dividend declarations reflecting its steady profitability and government-backed business model.

Read more: IRFC Share Price Falls Nearly 5% As Government Launches OFS At 7.5% Discount.

Conclusion

The declaration of the final dividend and record date reinforces PFC’s regular shareholder payout policy. With ₹3.95 per share proposed for FY26, investors will now closely track the AGM outcome and subsequent dividend distribution timeline, alongside compliance with tax deduction norms under the Income Tax Act.

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