What was filed
Indian Railway Finance Corporation (IRFC) has told the NSE and BSE that its board of directors will meet on Thursday, 15 October 2026 to consider and approve the unaudited financial results for the quarter and half year ended 30 September 2026. The same meeting will also consider declaring an interim dividend for financial year 2026-27, "if any."
To identify the shareholders who would be entitled to that dividend, the company has fixed a record date. Per the filing, this entitlement is expressly conditional on the board actually approving the dividend.
Why the record date matters
A record date is the cut-off used to identify the shareholders eligible to receive a dividend. IRFC has set this date ahead of the board meeting, but the filing is clear that both the dividend and the entitlement remain subject to board approval — nothing has been declared yet.
The filing also notes that the trading window, closed since 1 October 2026, will stay closed until 48 hours after the board meeting, and that dividend income is taxable in shareholders' hands with tax deducted at source. Shareholders are asked to update PAN and tax-residency details with their depositories before the record date.
Context from the filing
This is an advance intimation under the SEBI listing regulations, not a declaration. For a holder, the operative detail is the timeline: the half-year results and the dividend decision both fall on the 15 October board meeting, with the record date following shortly after. Whether a dividend is paid, and at what rate, is not stated in this filing.