Indian Railway Finance Corporation (IRFC) has announced a second interim dividend of ₹0.80 per equity share of ₹10 each for the financial year 2024-25. This decision was approved by the company’s Board of Directors in a meeting held on March 17, 2025.
In the exchange filing, the company shared that shareholders whose names appear in the company’s records on the record date will receive the dividend, which will be credited to their accounts or dispatched via dividend warrants within 30 days from the declaration date. IRFC has urged shareholders to update their tax details with the Registrar and Transfer Agent by March 21, 2025, to ensure accurate tax deduction at source (TDS) on dividend payments. Any requests for lower tax deductions will not be considered beyond this deadline.
In cases where TDS is deducted at a higher rate due to missing tax details, shareholders can claim a refund while filing their income tax returns. The deducted tax will reflect in Form 26AS, accessible via the Income Tax portal.
