Dividend6 Mar 2026, 03:13 pm
Indian Oil Corporation Ltd Declares 2nd Interim Dividend for FY 2025-26, Announces TDS Provisions
AI Summary
Indian Oil Corporation Ltd has declared a 2nd interim dividend of Rs 2/- per share for the financial year 2025-26. The record date for determining entitlement of members to receive the dividend is March 12, 2026. The company will deduct tax at source at the time of making the payment of the dividend as per the applicable provisions of the Income-tax Act, 1961. The TDS provisions for resident and non-resident members are outlined in the communication.
Key Highlights
- Indian Oil Corporation Ltd declares 2nd interim dividend of Rs 2/- per share for FY 2025-26
- Record date for determining entitlement of members set to March 12, 2026
- TDS to be deducted at source as per the Income-tax Act, 1961
- Different TDS rates for resident and non-resident members
- Option to be governed by Double Tax Avoidance Agreement (DTAA) for non-resident members