IRFC Shares to Trade Ex-Date on March 21: Interim Dividend of ₹0.80

On March 21, 2025, IRFC shares to trade ex-date, meaning that the shareholders registered in the company’s books will be eligible for the ₹0.80 interim dividend.

IRFC Dividend History

IRFC Business Highlights

IRFC has entered into Memorandums of Understanding (MoUs) with RITES, IIFCL, and NTPC to foster strategic collaborations. As part of its efforts, IRFC has approved the financing of 20 BOBR rakes, which were procured under the Ministry of Railways’ General-Purpose Wagon Investment Scheme (GPWIS), for NTPC. This financing, amounting to up to ₹700 crore, is being provided under a finance lease agreement, with the lease for 8 BOBR rakes officially signed on January 15, 2025.

Additionally, IRFC has successfully emerged as the L1 bidder for a ₹3,167 crore rupee term loan to fund the capital expenditure of the Banhardih Coal Block project by Patratu Vidyut Utpadan Nigam Limited (PVUNL). Furthermore, on January 2, 2025, IRFC signed an MoU with Railway Energy Management Company Ltd (REMCL), a joint venture between RITES Ltd and Indian Railways, to collaborate on financing renewable energy projects awarded by REMCL for supplying energy to Indian Railways.

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