Good news amid the fall! Government railway company gave the gift of dividend, complete details including record date
Today has brought double good news for the investors of IRFC (Indian Railway Finance Corporation). The company’s board has not only declared an interim dividend, but has also approved a huge plan to raise Rs 70,000 crore for future expansion.
IRFC Dividend Alert
The board of IRFC has declared a second interim dividend of ₹1.05 per share for the financial year 2025-26. In this meeting held on March 9, 2026, the future strategies of the company were also approved.
Complete details of dividend
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If you hold IRFC shares, these dates are very important for you:
Dividend amount: ₹1.05 per equity share (face value ₹10)
– Record Date: Friday, March 13, 2026. (Only those who have shares till this day will get the money).
– Payment Deadline: Money will be directly credited to your bank account within 30 days of declaration.
– TDS Alert: To avoid tax or for correct calculation, please send your TDS documents to the Registrar (irfcinvestors@beetalmail.com) by March 13, 2026.
2. Master plan to raise ₹70,000 crore
The board has given the green signal to a plan to borrow up to Rs 70,000 crore from the market for the next financial year (FY 2026-27). Its objective is to fund infrastructure projects of Indian Railways and diversify the company’s portfolio (IRFC 2.0).
3. Joined hands with Japanese banks (USD 400 Million Loan)
IRFC has entered into an agreement with a consortium of Japanese banks (Sumitomo Mitsui Banking Corp and MUFG Bank) for an External Commercial Borrowing (ECB) of $400 million. Whose duration is 5 years. Its interest will be based on loan ‘TONAR’ (Tokyo Overnight Average Rate). Let us tell you that this is the second big foreign loan of this financial year, which shows the strong credibility of IRFC in the global market.
About IRFC
Indian Railway Finance Corporation (IRFC) is a government-owned, Schedule ‘A’/Miniratna company of the Indian Railways, which raises funds for the Railways since 1986. It finances the Railways by borrowing from domestic/foreign markets mainly for the development of rolling stock (engines, coaches) and infrastructure.
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