Power Grid Corporation of India532898Dividend news update
Board approves 1st interim dividend of Rs. 3.00 per equity share
Board approved 1st interim dividend of Rs. 3.00 per equity share of Rs. 10 each for FY 2026-27 — 30% of paid-up capital.
By ScoutQuest · · 2 min read
- Interim Dividend
- Rs. 3.00 per equity share of Rs. 10 each for FY 2026-27 (30% of paid-up capital)
- Record Date
- 06th November 2026
- Payment Date
- 30th November 2026
Dividend: what the board approved
- A 1st interim dividend of Rs. 3.00 per equity share of face value Rs. 10 each for the financial year 2026-27.
- In percentage terms this is 30% of the paid-up equity share capital.
- The record date is Friday, 06th November 2026, and the dividend will be paid to members on Monday, 30th November 2026.
What else came from the same board meeting
- The unaudited financial results (standalone and consolidated) for the quarter and half year ended 30th September 2026 were considered and approved, together with the Limited Review Report of the Auditors.
- The meeting was held on Sunday, 01st November 2026, from 5:40 P.M. to 6:10 P.M. (IST).
How to read an interim dividend
- An interim dividend is a payout declared part-way through the year, before the full-year numbers are finalised. It is one instalment, not a promise of the same amount again later in the year.
- Rs. 3.00 on a share of face value Rs. 10 equals 30% of face value. Face value is a fixed accounting figure, not the market price of the share, so this 30% should not be read as a return on the money an investor pays to buy the stock.
- The record date is the cut-off: the dividend goes to those holding the shares on the register on that date. Payment is scheduled about three weeks later.
What a shareholder may want to track
- Whether the dividend is credited to the bank account linked to the demat account by the stated payment date.
- The full financial results for the quarter and half year ended 30th September 2026, which were approved at the same meeting and shared separately, for a view of earnings behind the payout.
Perception
- A dividend of Rs. 3.00 per share alongside approval of quarterly and half-yearly results is typically read as a routine, shareholder-return announcement. The board has also approved the results, which keeps the company's reporting cycle on schedule.
Also from Power Grid Corporation of India
Board approves sale of entire CTUIL equity holding to GRID-INDIA; initial payment ₹73.46 crore
1 Nov 2026
Board approves Q2 results and Rs. 3.00 first interim dividend; record date 06 November 2026
1 Nov 2026
Ministry of Power conveys appointment of Pankaj Pandey as Director (Operations)
30 Oct 2026
More numbers
- 1st interim dividend per equity shareRs. 3.00/-
- Face value per equity shareRs. 10/-
- Dividend as % of paid-up equity share capital30%
Source: BSE · 1 Nov 2026
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