CPCL Board Approves ₹8 Interim Dividend with April 2 Record Date
Chennai Petroleum Corporation Limited's board meeting on March 26, 2026, officially approved an interim dividend of ₹8 per equity share for FY 2025-26. The company has set April 2, 2026, as the record date and will pay eligible shareholders by April 25, 2026, ensuring full regulatory compliance with SEBI LODR requirements.
*this image is generated using AI for illustrative purposes only.
Chennai Petroleum Corporation Limited has officially declared an interim dividend of ₹8 per equity share for the financial year 2025-26, following its board meeting held on March 26, 2026. The Government of India enterprise and group company of Indian Oil Corporation Limited has set April 2, 2026, as the record date for determining shareholder eligibility.
Board Meeting Outcome and Dividend Declaration
The board of directors convened on March 26, 2026, and formally approved the interim dividend declaration. The meeting commenced at 3:00 PM and concluded at 4:15 PM, with the board unanimously approving the ₹8 per equity share dividend on shares having a face value of ₹10 each. This follows the company's earlier communication dated March 20, 2026, which had intimated the board meeting date for considering the interim dividend.
| Meeting Details: | Information |
|---|---|
| Meeting Date: | March 26, 2026 |
| Meeting Duration: | 3:00 PM to 4:15 PM |
| Dividend Amount: | ₹8 per equity share |
| Face Value: | ₹10 per share |
| Financial Year: | 2025-26 |
Record Date and Payment Timeline
Pursuant to Regulation 42 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, the company has fixed Thursday, April 2, 2026, as the record date for ascertaining shareholder eligibility for the interim dividend payment. Eligible shareholders will receive the dividend payment on or before April 25, 2026.
| Payment Schedule: | Details |
|---|---|
| Record Date: | April 2, 2026 (Thursday) |
| Payment Deadline: | On or before April 25, 2026 |
| Regulatory Framework: | Regulation 42 of SEBI LODR |
| Eligibility Criteria: | Shareholders as on record date |
Official Communication and Regulatory Compliance
Company Secretary P. Shankar has issued the official communication to both BSE Limited and National Stock Exchange of India Limited under reference number CS:01:100/25-26. The notification was digitally signed on March 26, 2026, at 4:15 PM, ensuring timely disclosure to market participants as required under Regulation 30 of SEBI LODR.
| Communication Details: | Information |
|---|---|
| Document Reference: | CS:01:100/25-26 |
| Signatory: | P. Shankar, Company Secretary |
| Digital Signature Time: | March 26, 2026, 4:15 PM |
| Stock Exchanges: | BSE Limited and NSE Limited |
| ISIN Code: | INE178A01016 |
Company Profile and Market Presence
Chennai Petroleum Corporation Limited operates as a Government of India enterprise and functions as a group company of Indian Oil Corporation Limited. The company has completed 60 years of refining excellence and maintains its listing on both major Indian stock exchanges. The interim dividend declaration demonstrates the company's commitment to rewarding shareholders while maintaining its operational excellence in the petroleum refining sector.
Historical Stock Returns for Chennai Petroleum Corporation
| 1 Day | 5 Days | 1 Month | 6 Months | 1 Year | 5 Years |
|---|---|---|---|---|---|
| -4.35% | -5.46% | +4.68% | +27.20% | +56.25% | +901.30% |
Will Chennai Petroleum Corporation maintain this dividend payout ratio for the final dividend of FY 2025-26?
How might the interim dividend declaration impact Chennai Petroleum's stock price performance in the coming weeks?
What factors could influence Chennai Petroleum's ability to sustain similar dividend levels in future financial years?
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