Oil India Limited has informed the Exchange that Board of Directors at its meeting held on May 13, 2026, recommended Final Dividend of Re. 1 per equity share.
OIL · price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Oil India Limited's Board has recommended a final dividend of Rs. 1 per equity share (10% of paid-up equity share capital) for the financial year 2025-26. The dividend is subject to approval from shareholders at the upcoming Annual General Meeting. If approved, the dividend will be paid within 30 days from the date of declaration at the AGM. The company also announced audited financial results for Q4 and FY ended March 2026 on standalone and consolidated basis. Additionally, the Board approved a Joint Venture Agreement between OIL Green Energy Limited (wholly-owned subsidiary) and Hindustan Waste Treatment Private Limited for developing Compressed Biogas projects.
The recommended dividend signals positive financial health and consistent shareholder returns, though at Rs. 1 per share it represents a modest income for investors. The biogas joint venture indicates strategic diversification into renewable energy.