Power Finance Corporation Limited — Important, 14-11-2024: Updates

The Board of Directors of Power Finance Corporation Ltd. has convened a meeting and approved the unaudited financial results for the quarter and half-year, along with a special purpose interim financial statement, both for the half-year ended 30.09.2024. They have declared a second interim dividend of ₹3.50 per equity share (35% on face value of ₹10) for FY 2024-25, with a record date set for 25.11.2024 and payment expected by 08.12.2024. Additionally, Sh. Milind Madhusudan Dafade has been appointed as the Head of Internal Audit, taking over from Sh. K.C. Kisku, for a period of three years starting from 08.11.2024. This aligns with the company’s focus on enhancing governance and financial oversight. Investors should monitor these developments as they reflect both a commitment to shareholder returns and organizational stability.