Indian Oil ₹2 Interim Dividend for FY26 Record Date is Tomorrow, March 12

Indian Oil Corporation Limited has announced its second interim dividend for the financial year 2025–26 following the latest meeting of its board of directors. The dividend declaration forms part of the company’s efforts to reward shareholders while maintaining stable financial performance during the fiscal year.

Second Interim Dividend for FY26

The board of Indian Oil Corporation has declared a second interim dividend of 20%, which translates to ₹2 per equity share with a face value of ₹10 each for the financial year 2025–26. This decision was taken during the board meeting held after the company’s earlier announcement regarding the consideration of the dividend.

Eligible shareholders will receive the dividend on or before April 5, 2026. The dividend amount will be credited to the accounts of shareholders whose names appear in the company’s records as of the specified record date.

Record Date for Dividend Eligibility

The company has fixed March 12, 2026, as the record date to determine the eligibility of shareholders for receiving the second interim dividend. Investors who hold shares of Indian Oil Corporation as of this date will qualify for the dividend payout.

The ex-date for the dividend is also March 12, 2026, which means investors must purchase the shares before this date in order to become eligible for the dividend.

Recent Dividend History

Indian Oil Corporation has maintained a steady dividend payout track record in recent years. Prior to the latest announcement, the company declared an interim dividend of ₹5 per share in December 2025.

Earlier in 2025, the company paid a final dividend of ₹3 per share with a record date of August 8, 2025. In the previous financial year, shareholders received a final dividend of ₹7 per share with a record date of July 12, 2024.

The company had also declared an interim dividend of ₹5 per share in November 2023, highlighting its consistent approach toward returning profits to shareholders.

Also Read: India’s Strategic Oil Reserves Can Support Supply for Nearly Two Months, Government Report Indicates!

Conclusion

Shareholders who hold the company’s shares as of March 12, 2026, will be eligible to receive the dividend, which is expected to be paid on or before April 5, 2026. 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 private 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.