StockWatch
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Oil Exploration & Production
Dividend13 May 2026, 06:11 pm

Oil India Recommends ₹1 Final Dividend for FY26

AI Summary

Oil India Ltd's Board of Directors recommended a final dividend of ₹1 per share (10% of paid-up equity) for FY 2025-26, 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 announced later. The board also approved audited financial results for the quarter and year ended March 31, 2026, and a joint venture between OIL Green Energy Limited and Hindustan Waste Treatment Private Limited for Compressed Biogas (CBG) projects.

Key Highlights

  • Oil India recommends a final dividend of ₹1 per share for FY26.
  • Dividend payment is subject to shareholder approval at the AGM.
  • OIL Green Energy to form JV with Hindustan Waste Treatment for CBG projects.
  • Audited financial results for Q4 and FY26 approved by the board.