Oil India Limited (NSE: OIL) has recommended a final dividend of ₹1.50 per share (i.e., 15% of the paid-up equity share capital) for the financial year 2024-25. This recommendation is subject to approval by the shareholders at the upcoming Annual General Meeting (AGM), to be held on September 18, 2025.
The company has fixed Thursday, September 4, 2025, as the record date for determining the eligibility of shareholders entitled to receive the final dividend.
As per regulatory norms, the dividend will be paid or dispatched to eligible shareholders within 30 days from the date of its declaration at the AGM. The announcement was made at the Board of Directors’ meeting held on May 21, 2025.
Also Read: Oil India and IREL Collaborate to Develop Rare Earth and Critical Minerals!
Looking at the recent developments, Oil India and Bharat Petroleum Corporation Limited (BPCL), both Maharatna Public Sector Enterprises, have signed a Joint Venture Agreement (JVA) at BPCL’s Corporate Office to establish a Joint Venture Company (JVC) in Arunachal Pradesh.
The JVC will develop a comprehensive gas distribution network, including Compressed Natural Gas (CNG) stations and Piped Natural Gas (PNG) supply for domestic, commercial, and industrial consumers. This collaboration, signed in the presence of OIL CMD Dr. Ranjit Rath and BPCL Director (Refineries) with additional charge of CMD Shri Sanjay Khanna, underscores the companies’ commitment to expanding clean energy infrastructure and supporting the government’s vision of a gas-based economy while driving socio-economic growth in the state.
Oil India’s final dividend of ₹1.50 per share for FY 2024-25 underlines its strong financial performance and shareholder-centric approach. Investors should note the record date of September 4, 2025, to ensure eligibility. Shareholders must hold shares in a valid demat account as of the record date to be eligible for the dividend.
Disclaimer: This blog has been written exclusively for educational purposes. The securities mentioned are only examples and not recommendations. This does not constitute a personal recommendation/investment advice. It does not aim to influence any individual or entity to make investment decisions. Recipients should conduct their own research and assessments to form an independent opinion about investment decisions.
Investments in the securities market are subject to market risks, read all the related documents carefully before investing.
Published on: Sep 3, 2025, 8:37 AM IST
Nikitha Devi
Nikitha is a content creator with 7+ years of experience in the financial domain. Specialising in personal finance, investments, and market insights, Nikitha simplifies complex financial topics, making them accessible to readers.
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