Mangalore Refinery and Petrochemicals Limited has informed the Exchange that Record date for the purpose of Dividend is 11-Mar-2026.
MRPL · price
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Mangalore Refinery and Petrochemicals Limited (MRPL), a subsidiary of ONGC, has declared an interim dividend of Rs. 4 per equity share on a face value of Rs. 10, which works out to 40% for FY 2025-26. The board has fixed Wednesday, March 11, 2026 as the record date to determine eligible shareholders. The dividend will be paid to eligible shareholders on or before April 2, 2026. Additionally, the board has recommended the appointment of M/s Kumar Naresh Sinha & Associates as the Secretarial Auditor for five years from FY 2026-27 to FY 2030-31, subject to shareholder approval. The board meeting was held on March 3, 2026.
Shareholders holding MRPL shares as of the record date (March 11, 2026) will be eligible to receive the interim dividend, providing a steady income signal. The dividend declaration by a government-owned oil refining company reflects confidence in operational performance and is generally a positive sentiment indicator for the stock.