
Board Meeting2 Nov 2026, 04:26 pm
MOIL Ltd Board Approves Subsidiary Incorporation and Interim Dividend
AI Summary
MOIL Limited's Board of Directors, in a meeting held on November 2, 2026, approved the incorporation of a wholly-owned subsidiary as an IFSC company in GIFT City, subject to government approvals. The board also approved the unaudited standalone and consolidated financial results for the quarter and half-year ended September 30, 2026. Additionally, an interim dividend of ₹2.20 per equity share (face value ₹10) was declared for the financial year ending March 31, 2026. The record date for dividend payment is November 6, 2026, with payment scheduled for November 30, 2026.
Key Highlights
- MOIL to incorporate a wholly-owned subsidiary in GIFT City.
- Board approved Q2 and H1 FY27 unaudited financial results.
- Interim dividend of ₹2.20 per share declared.
- Record date for dividend is November 6, 2026.
Price Impact
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