The Board of Directors of Indian Oil Corporation Limited has approved the declaration of a Second Interim Dividend for the financial year 2025-26. The dividend is set at ₹2.00 per equity share, equivalent to 20% of the face value of ₹10/- each. The record date for determining the eligibility of shareholders is set for Thursday, March 12, 2026. The dividend payment will commence on or before April 5, 2026.
Dividend Approval for FY 2025-26
In continuation of an earlier communication, the Board of Directors of Indian Oil Corporation Limited met on February 26, 2026, to consider the payment of dividends for the financial year ending March 31, 2026.
Second Interim Dividend Details
The Board has formally declared the Second Interim Dividend for the financial year 2025-26. The dividend amount is fixed at ₹2.00 per equity share, which is equivalent to 20% of the share’s face value of ₹10/- each. This dividend will be paid to shareholders holding eligible shares on or before April 5, 2026.
Record Date and Payment Timeline
In accordance with established guidelines, the Board has fixed Thursday, March 12, 2026, as the ‘record date’ for verifying shareholder eligibility for this dividend payment. Furthermore, the Board meeting concluded at 01:00 PM and the subsequent announcement was made public at 01:30 PM on March 6, 2026.
Source: BSE
