StockWatch
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Refineries & Marketing
Dividend18 May 2026, 09:51 pm

Indian Oil Recommends 12.5% Final Dividend for FY26

AI Summary

Indian Oil Corporation Ltd's board approved the audited standalone and consolidated financial results for the quarter and year ended March 31, 2026. A final dividend of 12.5% (₹1.25 per share) for the financial year 2025-26 has been recommended, subject to shareholder approval at the AGM. The dividend will be paid within 30 days of declaration at the AGM, with the record date to be fixed and intimated later. The board meeting, which commenced at 4:00 PM, concluded at 9:30 PM.

Key Highlights

  • Indian Oil's board approved audited financial results for FY26.
  • A final dividend of 12.5% (₹1.25/share) was recommended for FY26.
  • Dividend payment is subject to shareholder approval at the AGM.
  • No deviation or variation in the use of proceeds of listed debentures.
  • There is no default on loans or debt securities.