Torrent Power Share Price in Focus After Board Approves ₹10,000 Crore Fundraise via NCDs

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.  

Board Approves ₹10,000 Crore NCD Fundraise 

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.  

Company Recommends Final Dividend of ₹5 

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. 

FY26 Profit Crosses ₹2,500 Crore 

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! 

Torrent Power Share Price Performance 

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. 

Conclusion 

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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