Torrent Power Limited share price is expected to remain in focus after the company announced a series of major board approvals, including plans to raise up to ₹10,000 crore through non-convertible debentures (NCDs) and a final dividend declaration for FY26.
Torrent Power’s board approved raising funds through issuance of non-convertible debentures worth up to ₹10,000 crore in one or more tranches through private placement.
The proposed fundraising is expected to support the company’s long-term capital requirements, expansion plans, refinancing activities, and overall business growth strategy.
The company had also earlier raised ₹2,000 crore through privately placed secured listed NCDs during March 2026, with the proceeds fully utilised and no deviation reported in fund usage.
The board recommended a final dividend of ₹5 per equity share for FY26 on equity shares having face value of ₹10 each.
Earlier, the company had already paid an interim dividend of ₹15 per share during the 4th quarter of FY26.
The final dividend remains subject to shareholder approval at the upcoming annual general meeting.
Torrent Power reported standalone revenue from operations of ₹21,850.03 crore for FY26 compared to ₹21,912.55 crore in FY25.
Profit after tax stood at ₹2,575.11 crore during FY26 against ₹2,851.01 crore reported in the previous financial year.
For the March 2026 quarter, the company posted, Revenue from operations of ₹4,480.02 crore, Profit after tax of ₹431.90 crore.
Read More: Torrent Power Share Price in Focus; Raises ₹2,000 Crore Through NCDs via Private Placement!
As of 12 May 2026, Torrent Power share price at ₹1,597.60 per share, reflecting a surge of 4.96% from the previous closing price.
Torrent Power’s ₹10,000 crore fundraising approval, strong dividend payout, and strategic power asset acquisition are likely to keep the stock in focus as the company continues strengthening its long-term energy portfolio and financial position.
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Published on: May 13, 2026, 9:19 AM IST
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