StockWatch
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Refineries & Marketing
Dividend24 Apr 2026, 01:17 pm

Chennai Petro FY26: Final Dividend of ₹54/Share Recommended

AI Summary

Chennai Petroleum Corporation Ltd's board has approved the audited standalone and consolidated financial results for the quarter and year ended March 31, 2026. They have recommended a final dividend of 540% (₹54 per share) for FY26, subject to shareholder approval. This is in addition to an interim dividend of ₹8 per share. The board also recommended a preference dividend of 6.65% on outstanding preference shares up to the date of redemption (September 23, 2025), amounting to ₹15.94 Cr.

Key Highlights

  • Chennai Petro board approved audited financial results for FY26.
  • Final dividend of ₹54 per share (540%) recommended for FY26.
  • Preference dividend of 6.65% (₹15.94 Cr) also recommended.
  • Auditors issued unmodified opinions on standalone and consolidated statements.