Indian Oil Corporation has announced an interim dividend of ₹5.00 per share for the financial year 2025-26, with the Board of Directors fixing December 18, 2025 as the record date for determining eligible shareholders. The company has committed to distributing the dividend payment by January 11, 2026.

Dividend Declaration Details

The Board of Directors approved the interim dividend declaration at their meeting held on December 12, 2025. The dividend represents 50% of the face value of ₹10 per equity share. The following table outlines the key dividend parameters:

Board Meeting and Regulatory Compliance

The Board meeting commenced at 11:00 AM and concluded at 02:10 PM on December 12, 2025. The dividend declaration was communicated to both National Stock Exchange of India Limited and BSE Limited in accordance with Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements). The record date has been fixed pursuant to Regulation 42 of SEBI (LODR) regulations.

Official Communication Details

The company's official communication was signed by Kamal Kumar Gwalani, Company Secretary, and sent to stock exchanges with reference to IOC's security code 530965 and ISIN INE242A01010. This communication follows the company's earlier intimation dated November 28, 2025, which had announced the Board meeting date for considering the interim dividend declaration.

Shareholder Eligibility and Impact

Shareholders holding equity shares of Indian Oil Corporation as of the record date of December 18, 2025 will be eligible to receive the interim dividend payment. This distribution demonstrates the company's commitment to returning value to shareholders through regular cash payments while maintaining its operational and financial stability.

The interim dividend announcement reflects Indian Oil Corporation's strong financial position and ability to distribute profits to shareholders during the ongoing financial year. As one of India's leading oil refining companies, this dividend distribution provides direct financial benefits to the company's equity shareholders.

Indian Oil Corporation Limited (IOCL), India's state-owned oil refining giant, has announced a significant change in its senior management. Shri Subrata Chaudhuri, who held the position of Executive Director-Finance at the company's Refineries Headquarters, has superannuated from service on November 30, 2025.

Senior Management Change

The retirement of Shri Subrata Chaudhuri marks a notable shift in IOCL's leadership structure. As Executive Director-Finance at the Refineries Headquarters, Chaudhuri was positioned one level below the Board of Directors, indicating the significance of his role within the organization.

Impact on IOCL's Operations

While the company has not provided specific details about the succession plan or the immediate impact of this retirement, changes at this level of management may potentially influence the financial strategies and operations of the refineries division.

About Indian Oil Corporation Limited

Indian Oil Corporation Limited is a major player in India's oil and gas sector. As a state-owned enterprise, IOCL plays a crucial role in the country's energy security and economic development. The company's operations span across the entire hydrocarbon value chain, from refining and pipeline transportation to marketing of petroleum products.

This management change comes at a time when the global oil industry is facing various challenges and opportunities, including fluctuating oil prices, the push for cleaner energy, and evolving market dynamics.