PFC share price gained over a percent on Wednesday as the PSU company’s board of directors will consider a fourth interim dividend for FY25 and fundraising today. PFC shares gained as much as 1.1% to ₹404.00 apiece on the BSE.

The Maharatna PSU company, Power Finance Corporation, said its board will meet on March 12 to consider raising of resources and to declare a fourth interim dividend.

“… a meeting of the Board of Directors of Power Finance Corporation Limited (PFC) will be held on Wednesday, March 12, 2025, inter-alia to consider the following proposals: 1. Raising of resources i.e. Market Borrowing program for the Financial Year 2025-2026 through issuance of bonds, term loans, Commercial Paper etc. from domestic & international markets. 2. Declaration of 4th Interim Dividend, if any, for FY 2024-25,” PFC said in a regulatory filing on March 9.