Oil India Limited has declared a final dividend of ₹1.50 per share for the financial year 2024-25. The company has set the record date as September 4, 2025, and the dividend will be paid within 30 days of approval at the AGM. The company has already paid two interim dividends prior to this.
Dividend stock: Oil exploration and production company Oil India Limited has announced good news for its shareholders. The company has declared a final dividend of ₹1.50 per share on a face value of ₹10 for the financial year 2024-25. The record date for this has been set as September 4, 2025. The dividend will be paid within 30 days after approval at the company's 66th Annual General Meeting (AGM). The AGM will be held on September 18, 2025, via video conferencing. Previously, the company has already paid two interim dividends of ₹7 and ₹3 per share to its shareholders.
How much dividend will be received
The company stated that this time, shareholders will receive a final dividend of 15 percent, i.e., ₹1.50 per share. This dividend will be given on a face value of ₹10. It is noteworthy that Oil India has already paid two interim dividends in fiscal year 2025. The company paid the first interim dividend of ₹7 per share and the second interim dividend of ₹3 per share. Now, the final dividend of ₹1.50 per share will be added.
AGM date also fixed
Oil India Limited has also announced the date of its 66th Annual General Meeting. The company's AGM will be held on September 18, 2025, at 11:00 AM. This meeting will be conducted via video conferencing and other audio-visual means. The final dividend will be approved at this meeting.
When will this dividend be received
The company has stated that September 4, 2025, has been fixed as the record date. This means that investors who hold shares of Oil India until this date will become eligible for this dividend. According to a statement issued by the company, the dividend will be paid within 30 days after shareholder approval.
Investors eye on the share
Amidst the dividend announcement, a slight decline was seen in the company's shares. On August 22, Oil India's share on the BSE fell by 0.27 percent to close at ₹409.40. However, after the announcement of the dividend record date and AGM, the market's focus is on this stock.
The company has a tradition of providing dividends from time to time. In the past years as well, Oil India has given attractive returns to its shareholders. Experts believe that investors are more interested in dividend-paying companies because it gives them the benefit of regular income.
Oil India's business
Oil India Limited is the country's second-largest National Oil and Gas company. The company's main business is related to oil and gas exploration and production. In addition, the company is also involved in pipeline transportation, refining, and petrochemicals. Due to the company's b business model and government support, stability remains.
Enthusiasm about the dividend
Enthusiasm is being seen among the shareholders regarding this dividend. The announcement of the final dividend, after the interim dividends given by the company earlier, has given investors confidence that the company is committed to sharing its profits with the shareholders.
The company says that it is working on a plan to further expand its business in the future. The demand for domestic energy is continuously increasing, and in such a situation, the role of Oil India becomes even more important. In this sequence, the company is also satisfying its investors through dividends.
