IOCNSEIndian Oil Corporation Limited· RefineriesHighPositive
Announced Fri, 6 Mar · 13:38 IST

Indian Oil Corporation Limited has informed the Exchange that Record date for the purpose of Dividend is 12-Mar-2026.

Corporate Actions View source PDF

IOC · price

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Price reaction · full curve

Awaiting price reaction for this filing.

AI summary

Indian Oil Corporation's Board has declared a 2nd Interim Dividend of 20%, which works out to Rs. 2.00 per equity share on the face value of Rs. 10, for the financial year 2025-26. The company has fixed Thursday, 12 March 2026 as the record date to identify shareholders eligible to receive the dividend. Payment will be made to eligible shareholders on or before 5 April 2026. The Board meeting was held on 6 March 2026 and lasted about 30 minutes.

Likely market impact

Shareholders holding IOC shares as of the 12 March 2026 record date will receive the Rs. 2 per share dividend. This is a routine interim dividend declaration from a Maharatna PSU and is broadly positive for income-seeking investors, though the per-share amount is modest.