Board Meeting12 May 2026, 05:51 pm
Torrent Power Recommends ₹5 Final Dividend; NCDs up to ₹10,000 Cr
AI Summary
Torrent Power Ltd's Board of Directors approved the audited financial results for the quarter and year ended March 31, 2026, recommending a final dividend of ₹5 per equity share. The board also approved raising funds through Non-Convertible Debentures up to ₹10,000 Crore via private placement. Additionally, Radhika Haribhakti and Ketan Dalal were re-appointed as Non-Executive Independent Directors for second terms, subject to member approval. The board meeting concluded at 04:45 pm on May 12, 2026.
Key Highlights
- Final dividend of ₹5 per equity share recommended for FY26.
- Plans to raise up to ₹10,000 Crore via Non-Convertible Debentures.
- Radhika Haribhakti re-appointed as Non-Executive Independent Director.
- Ketan Dalal re-appointed as Non-Executive Independent Director.
- Auditor's Reports contain unmodified opinion on financial results.
Price Impact
More from TORNTPOWER