IOCNSEIndian Oil Corporation Limited· RefineriesHighPositive
Announced Thu, 26 Jun · 14:07 IST

Indian Oil Corporation Limited has informed the Exchange that Record date for the purpose of Dividend is 08-Aug-2025.

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 (IOCL) has fixed Friday, 08 August 2025 as the record date to determine shareholder eligibility for the FY 2024-25 dividend of Rs. 3.00 per equity share. This follows the Board's earlier recommendation on 30 April 2025, which is still subject to shareholder approval at the upcoming Annual General Meeting. The Board meeting on 26 June 2025 confirmed the record date under SEBI LODR Regulation 42. Shareholders holding IOCL shares on the record date will be entitled to receive the dividend once approved.

Likely market impact

Investors holding IOCL shares by 08 August 2025 will be eligible for the Rs. 3.00 per share dividend. The stock may see a minor ex-dividend price adjustment around the record date, but no major price catalyst is expected from this routine corporate action.