Shares of Indian Railway Finance Corporation (IRFC) gained momentum on Monday as investors awaited the outcome of the company’s board meeting, scheduled for March 17, 2025. The meeting will consider the declaration of the second interim dividend for the financial year 2024-25, according to an exchange filing by the railway PSU. IRFC, a Navratna PSU, informed investors that its board of directors will meet on March 17, 2025, to decide on the second interim dividend for its shareholders.

“This is to inform that a meeting of the Board of Directors of the company is scheduled to be held on Monday, March 17, 2025, to consider the declaration of the second interim dividend to the shareholders for the financial year 2024-25,” IRFC stated in its regulatory filing on March 10, 2025.