Indian Oil Corporation has scheduled its 67th Annual General Meeting (AGM) for Monday, August 31, 2026, at 10:30 am (IST). The meeting will be conducted through Video Conferencing (VC) or Other Audio-Visual Means (OAVM), in compliance with circulars issued by the Ministry of Corporate Affairs. This virtual format allows shareholders to participate and vote without physical presence, streamlining the corporate governance process for the fiscal year 2025-26.

The Integrated Annual Report for the year 2025-26, which includes the Notice of the AGM, Financial Statements, Directors' Report, and Auditors' Report, will be distributed electronically. Members with registered email addresses will receive the report via email, while those without registered emails will receive a letter containing a web-link to access the documents. Detailed instructions for attending the meeting and casting votes are outlined in the Notice of the AGM.

Shareholders are provided with a remote e-voting facility to cast their votes on all resolutions set out in the Notice. The voting window is strictly defined, commencing at 9:00 am (IST) on Thursday, August 27, 2026, and ending at 5:00 pm (IST) on Sunday, August 30, 2026. Only members holding shares in either physical or dematerialized form on the cut-off date of Monday, August 24, 2026, are entitled to vote during this period.

In addition to the meeting logistics, the company has confirmed the timeline for its dividend distribution. As intimated in a letter dated June 30, 2026, Indian Oil Corporation has fixed Friday, August 14, 2026, as the "Record Date" to determine shareholder eligibility for the final dividend. The declared dividend is Rs. 1.25 per share, representing 12.5% on the paid-up equity share capital for the year 2025-26. Upon approval by the members at the AGM, the dividend will be paid within 30 days.

Key Dates and Details

Dividend Information

The final dividend for the year 2025-26 is set at Rs. 1.25 per share. This payout corresponds to a 12.5% yield on the paid-up equity share capital. Payment of the dividend is contingent upon approval by shareholders during the AGM and will be executed within 30 days of such approval. The company secretary, Kamal Kumar Gwalani, issued this communication on August 1, 2026, ensuring all stakeholders are aware of the procedural timelines and financial entitlements associated with the upcoming general meeting.

Indian Oil Corporation Limited has disclosed the superannuation of three senior management personnel on July 31, 2026. The exits involve Ashutosh Kumar Mehta, Dhulipala Padma, and Jitendra Agarwalla, who held the designation of Executive Director in key operational and corporate functions. These departures mark a transition in leadership for critical areas including pipeline construction, corporate planning, and health, safety, and environment protocols within the Maharatna company.

The disclosure was filed with the National Stock Exchange of India Limited and BSE Limited on August 1, 2026, pursuant to Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations 2015. The filing identifies these individuals as senior management personnel one level below the Board of Directors.

The three executives who have retired from service are detailed below:

Ashutosh Kumar Mehta served as the Executive Director for Construction at the Pipeline Head Office. His role would have overseen significant infrastructure development projects related to the company's pipeline network. Dhulipala Padma held the position of Executive Director for Corporate Planning and Economic Services (CP & ES) within the Business Development vertical at the Corporate Office. Her responsibilities likely involved strategic planning and economic analysis for business expansion. Jitendra Agarwalla was the Executive Director-in-charge of Health, Safety, and Environment (H, S&E) at the Corporate Office, managing compliance and safety standards across operations.

The Company Secretary, Kamal Kumar Gwalani, signed the disclosure letter addressed to the exchanges. The notification states that the information is provided for record purposes following the mandatory regulatory requirement for changes in senior management personnel. No immediate replacements were named in this specific filing.