StockWatch
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Financial Institution
Dividend15 Oct 2026, 03:55 pm

IRFC Declares Interim Dividend, Approves NBFC Policy

AI Summary

Indian Railway Finance Corporation Ltd (IRFC) announced its unaudited financial results for the quarter and half-year ended September 30, 2026. The Board of Directors also declared an interim dividend of ₹1.20 per equity share for FY 2026-27, with a record date of October 23, 2026. Additionally, the Board approved the company's policy for transitioning to the NBFC Upper Layer Regulatory Framework. Shareholders are advised to update their bank details for seamless dividend credit.

Key Highlights

  • IRFC announced unaudited financial results for Q2 and H1 FY27.
  • An interim dividend of ₹1.20 per share declared for FY27.
  • Record date for dividend is October 23, 2026.
  • Policy for transition to NBFC Upper Layer framework approved.
  • Shareholders must update bank details for dividend payment.