Chennai Petroleum Share Price in Focus; Declares Interim Dividend of ₹8 per Share for FY 2025-26

Chennai Petroleum Corporation Limited has announced an interim dividend for the financial year 2025-26.  

The decision was made during the board meeting held on March 26, 2026, and reflects the company's commitment to rewarding its shareholders. 

Details of the Interim Dividend Announcement 

The board of directors of Chennai Petroleum declared an interim dividend of ₹8 per equity share, each having a face value of ₹10.  

This announcement is in line with the company's previous communication on March 20, 2026, regarding the board meeting to consider the interim dividend. 

The interim dividend will be disbursed to eligible shareholders on or before April 25, 2026. The board has designated April 2, 2026, as the record date to determine shareholder eligibility for the dividend payment. 

Board Meeting Insights 

The board meeting commenced at 3:00 PM and concluded at 4:15 PM on March 26, 2026. The meeting was conducted in accordance with Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements) Regulations. 

Record Date and Dividend Payment 

In compliance with Regulation 42 of SEBI (LODR), the record date for the interim dividend has been set as April 2, 2026. This date is crucial for shareholders as it determines who is eligible to receive the dividend. 

The interim dividend payment is scheduled to be completed on or before April 25, 2026, ensuring timely distribution to shareholders. 

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Chennai Petroleum Share Price Performance 

As of March 25, 2026, at 3:30 PM, Chennai Petroleum share price on NSE was closed at ₹1,003.35 up by 0.54% from the previous closing price. 

Conclusion 

Chennai Petroleum's declaration of an interim dividend of ₹8 per share for the financial year 2025-26 underscores its dedication to shareholder value. The set record date of April 2, 2026, ensures clarity in the dividend distribution process. 

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