The Board of Directors of Chennai Petroleum Corporation Limited (CPCL) has announced the declaration of an Interim Dividend for the financial year 2025-26. Shareholders will receive Rs.8/- per equity share with a face value of Rs.10/-. The company has fixed Thursday, April 2nd, 2026, as the record date to determine eligibility, with the payment scheduled to be completed on or before April 25th, 2026.
Interim Dividend Announcement for FY 2025-26
Chennai Petroleum Corporation Limited (CPCL) has officially concluded its Board Meeting held on March 26, 2026, during which the primary agenda item was the consideration of the Interim Dividend for the ongoing financial year, 2025-26.
Following the meeting, which commenced at 3:00 PM and concluded at 4:15 PM, the Board has declared a substantial Interim Dividend of Rs.8/- per equity share. This dividend is calculated based on the existing face value of the shares, which stands at Rs.10/- each.
Key Dates for Shareholders
To facilitate the distribution of this dividend, CPCL has established critical timelines:
- Record Date: Thursday, April 2nd, 2026. This date will be used to ascertain the list of shareholders eligible to receive the dividend payment.
- Payment Deadline: The dividend is mandated to be paid to eligible shareholders on or before April 25th, 2026.
This announcement serves as a formal notification of the dividend declaration following the earlier communication on March 20, 2026, regarding the date of the Board Meeting.
Source: BSE