Oil India Limited has informed the Exchange that Board of Directors at its meeting held on May 21, 2025, recommended Final Dividend of Rs. 1.50 per equity share.
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Oil India Limited's Board of Directors met on May 21, 2025, and approved audited financial results for Q4 and the full year ended March 31, 2025, on both standalone and consolidated basis. The Board also recommended a final dividend of Rs. 1.50 per equity share (15% of paid-up equity capital) for FY 2024-25, subject to shareholder approval at the upcoming Annual General Meeting. The dividend, if approved, will be paid within 30 days of declaration at the AGM. The record date for dividend eligibility will be announced separately. No deviation in use of public issue proceeds or any default on loans and debt securities was reported.
The Rs. 1.50 final dividend represents a steady income for shareholders but is relatively modest in percentage terms. Combined with any interim dividend already paid, it signals consistent capital return from this Maharatna PSU oil explorer, though investors will look to the full audited results for actual earnings performance and payout sustainability.