Indian Railway Finance Corporation (IRFC), a key financial arm of Indian Railways, has declared a second interim dividend of ₹0.80 per share for the financial year 2025. The record date for shareholders’ eligibility is March 21, and the dividend will be paid within 30 days of declaration.
Indian Railway Finance Corporation (IRFC), the financing arm of Indian Railways, has announced a second interim dividend of ₹0.80 per share for the financial year 2025. The announcement was made in an exchange filing on March 17.
IRFC’s board of directors approved the interim dividend for shares with a face value of ₹10 each for FY25. The record date for determining eligible shareholders is set for March 21, ensuring that those holding shares on this date will receive the dividend.
As per the company’s statement, the dividend will be distributed within 30 days from the date of declaration. IRFC, a public sector undertaking (PSU), plays a crucial role in financing railway infrastructure projects in India, supporting the expansion and modernization of the Indian Railways network.
Investors will closely watch the impact of this announcement on IRFC’s stock performance in the coming days.