Board Meeting12 May 2026, 06:11 pm
Torrent Power to Issue NCDs up to ₹10,000 Crore
AI Summary
Torrent Power Ltd's Board of Directors approved the issuance of Non-Convertible Debentures (NCDs) up to ₹10,000 Crore via private placement in one or more tranches. The board also approved the audited financial results for the quarter and year ended March 31, 2026, and recommended a final dividend of ₹5 per equity share. Additionally, the re-appointment of Radhika Haribhakti and Ketan Dalal as Non-Executive Independent Directors was approved, subject to member approval.
Key Highlights
- Torrent Power will issue NCDs up to ₹10,000 Crore via private placement.
- A final dividend of ₹5 per equity share was recommended for FY26.
- Radhika Haribhakti and Ketan Dalal re-appointed as Non-Executive Independent Directors.
- Audited financial results for the quarter and year ended March 31, 2026, approved.
- Interim Dividend of ₹ 15 per Equity Share was paid during Q4 FY 2025-26.
Price Impact
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