Indian Railway Finance Corporation to consider second interim dividend on March 9
Published on 26/02/2026 04:22 PM
Indian Railway Finance Corporation to consider second interim dividend on March 9The company has fixed Friday, March 13, 2026, as the record date for determining the entitlement of shareholders for the proposed second interim dividend, subject to approval by the Board.By Navneet Singh February 26, 2026, 4:22:31 PM IST (Published)2 Min ReadIndian Railway Finance Corporation Limited (IRFC), a dedicated funding arm of Indian Railways, has informed the exchanges that a meeting of its Board of Directors will be held on Monday, March 9, 2026, to consider the declaration of a second interim dividend for the financial year 2025–26.
The company has fixed Friday, March 13, 2026, as the record date for determining the entitlement of shareholders for the proposed second interim dividend, subject to approval by the Board.
In line with the SEBI (Prohibition of Insider Trading) Regulations, 2015 and the company’s internal policy, the trading window has been closed from Friday, February 27, 2026, and will remain shut until 48 hours after the conclusion of the Board meeting for consideration of the dividend.
The company added that the designated employees and other connected persons have been advised not to trade in the company’s securities, including equity shares and listed debt securities, during this period.
It also noted that dividend income is taxable in the hands of shareholders and tax will be deducted at source (TDS) at the time of payment in accordance with the Income Tax Act, 1961.
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Earlier, on Wednesday February 25, the firm had informed that it has signed a loan agreement with Sumitomo Mitsui Banking Corporation, GIFT City Branch, and MUFG Bank Ltd, GIFT City Branch, to raise an external commercial borrowing (ECB) of JPY equivalent $400 million.
In Q3 2026, the State-run firm's net profit for the period grew by 10.5% from last year to ₹1,802 crore, which, according to the company, is the highest-ever quarterly profit reported by the company. Revenue for the quarter though, moderated by 1.5% from the year-ago quarter to ₹6,661 crore from 6,763 crore.
Shares of Indian Railway Finance Corporation Ltd closed at ₹103.20 on February 26, down ₹1.36 or 1.30% for the day.Continue ReadingTagsdividendIndian railwayIRFC