New Delhi: Indian Renewable Energy Development Agency Limited (IREDA), a Navratna Central Public Sector Undertaking, has announced the record date for its final dividend of ₹0.75 per equity share for FY2025-26. The company fixed September 11, 2026, as the record date for determining shareholder eligibility for the dividend.
IREDA also announced changes in its Senior Management Personnel following its Board meeting held on August 22, 2026.
IREDA Fixes September 11 as Dividend Record Date
IREDA’s Board had earlier recommended a final dividend of ₹0.75 per equity share for the financial year 2025-26 at its meeting held on May 29, 2026.
The dividend is equivalent to 7.50% of the ₹10 face value of each equity share. The proposed dividend remains subject to approval by shareholders at the ensuing Annual General Meeting (AGM).
Key dividend details include:
- Final Dividend: ₹0.75 per equity share
- Face Value: ₹10 per share
- Dividend Rate: 7.50%
- Record Date: September 11, 2026
- Financial Year: 2025-26
- Payment: Within 30 days of AGM approval, if approved
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Dividend Payment to Be Made Through Electronic Mode
IREDA stated that the dividend will be paid exclusively through electronic mode. Physical payment instruments such as cheques will not be used.
Shareholders are therefore required to ensure that their bank account details are updated with their respective Depository Participants to facilitate timely dividend payments.
The dividend income will be taxable in the hands of shareholders, and IREDA will deduct Tax Deducted at Source (TDS) as applicable under the Income Tax Act, 2025.
Shareholders seeking deduction of TDS at a lower or nil rate must submit the required documents through the prescribed online process by September 11, 2026.
IREDA Announces Changes in Senior Management
Along with the dividend record date, IREDA announced changes in its Senior Management Personnel with effect from August 22, 2026.
Four senior executives have ceased to be Senior Management Personnel due to organisational and administrative requirements.
The officials are:
- Bhagirath Siyag, General Manager (Projects)
- Sujith V Surendran, General Manager (Projects)
- Koushik Goswami, General Manager (Projects)
- Pradipta Kumar Roy, Additional General Manager (Projects)
The changes have been disclosed in accordance with Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.
IREDA Board Meeting Concludes on August 22
The IREDA Board meeting was held on August 22, 2026. The meeting commenced at 10:00 AM and concluded at 2:30 PM.
The decisions on the dividend record date and senior management changes were announced following the conclusion of the Board meeting.
About IREDA
Indian Renewable Energy Development Agency Limited (IREDA) is a Navratna Central Public Sector Undertaking under the administrative control of the Ministry of New and Renewable Energy (MNRE), Government of India. IREDA is a specialised financial institution that provides financing and other financial services for renewable energy and energy-efficiency projects, supporting India’s transition towards clean energy.
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