StockWatch
·
Refineries & Marketing
Dividend18 May 2026, 10:01 pm

Indian Oil Recommends ₹1.25 Dividend, Subject to AGM Approval

AI Summary

The Board of Directors of Indian Oil Corporation Ltd has recommended a final dividend of ₹1.25 per equity share (12.5%) for the financial year 2025-26. This is subject to the approval of shareholders at the upcoming Annual General Meeting (AGM). The dividend will be paid within 30 days of declaration at the AGM, and the record date will be fixed and intimated separately.

Key Highlights

  • Indian Oil recommends a final dividend of ₹1.25 per share for FY26.
  • The dividend is subject to shareholder approval at the AGM.
  • Payment will be made within 30 days of declaration at the AGM.
  • Record date for the dividend will be announced later.