Indian Oil Announces 2nd Interim Dividend Rs. 2 Per Share | Payment by 5 April 2026
Mumbai, 5 March 2026: Indian Oil Corporation Limited (IOC) has announced that shareholders will receive the 2nd interim dividend of 20% (Rs. 2 per equity share) for the financial year 2025-26. The dividend payment will be credited to eligible shareholders on or before 5 April 2026, providing investors with an early reward for their continued support.
Key Details for Shareholders
-
Dividend Amount: Rs. 2 per equity share (20% of face value)
-
Face Value of Share: Rs. 10
-
Payment Date: On or before 5 April 2026
-
Record Date: 12 March 2026 (eligibility cutoff for dividend)
-
Eligible Shareholders: Investors holding shares on 12 March 2026
-
Company: Indian Oil Corporation Limited (CIN: L23201MH1959GO1011388)
-
NSE Symbol: IOC | BSE Code: 530965 | ISIN: INE242A01010
The dividend comes as part of IOC’s commitment to sharing profits with its investors, reflecting the company’s strong financial performance and healthy cash flow despite volatile global energy markets.
How Shareholders Will Receive Payment
Shareholders holding shares in dematerialized form will receive the dividend directly in their bank accounts registered with their depository participants (DPs). Physical shareholders will receive payment through cheque or bank transfer as per the records of the company.
Investors should ensure that their bank account details are updated with their DP or the company’s registrar to receive the dividend without delay.
Company Statement
Kamal Kumar Gwalani, Company Secretary of IOC, stated:
"The Board of Directors has approved this interim dividend as part of our continued effort to reward shareholders while maintaining a strong balance sheet to support future growth and expansion projects. We encourage all shareholders to verify their accounts to ensure smooth payment."
About Indian Oil
IOC, a Maharatna Public Sector Undertaking, is India’s largest commercial oil company, headquartered in Mumbai. It operates across refining, pipelines, marketing of petroleum products, and petrochemicals, serving millions of consumers nationwide. With consistent revenue growth and strategic investments in energy infrastructure, IOC remains committed to creating value for its shareholders.
