Chennai Petroleum Corporation Limited has informed the Exchange that Record date for the purpose of Dividend is 01-Aug-2025.
CHENNPETRO · price
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On the reaction day the stock moved 4.9 pts more than Nifty Smallcap 250 and 4.4 pts more than its Refineries & Marketing peers, over the same two closes: a difference in percentage points, not a measure of what the filing did.
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Chennai Petroleum Corporation Limited (CPCL) has fixed Friday, 01st August 2025 as the record date to identify shareholders eligible for the final dividend for FY 2024-25. The Board had earlier recommended a final dividend of Rs. 5 per share (50% on face value of Rs. 10 each), subject to shareholder approval at the upcoming Annual General Meeting. The dividend, once approved, will be paid within 30 days of the AGM. Shareholders need to submit TDS-related documents by 13th August 2025, as dividends are now taxable in the hands of recipients.
Shareholders who hold CPCL shares as of 01st August 2025 will be eligible to receive Rs. 5 per share as final dividend. This is a routine declaration with no indication of a change in dividend policy, and the ex-date typically falls a day before the record date, so existing shareholders should see no surprise impact on the stock price.