ONGC Sets September 4, 2025 as Record Date for ₹1.25 Final Dividend

1 min read     Updated on 02 Aug 2025, 05:11 PM
scanxBy ScanX News Team
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Overview

Oil & Natural Gas Corporation (ONGC) has announced Thursday, September 4, 2025, as the record date for its final dividend of ₹1.25 per share for the fiscal year 2025. The dividend is subject to approval at the upcoming Annual General Meeting. The Board of Directors recommended this dividend on May 21, 2025. Shareholders on record as of the specified date will be eligible for the dividend if approved.

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*this image is generated using AI for illustrative purposes only.

Oil & Natural Gas Corporation (ONGC), India's leading oil and gas exploration company, has announced the record date for its final dividend for the fiscal year 2025. The company has fixed Thursday, September 4, 2025, as the record date for determining shareholder eligibility for the final dividend of ₹1.25 per share.

Dividend Details

Item Detail
Final Dividend Amount ₹1.25 per share
Record Date Thursday, September 4, 2025
Fiscal Year 2025 (FY'25)

Key Points

  • The Board of Directors recommended the final dividend on May 21, 2025.
  • The dividend payment is subject to approval by members at the upcoming Annual General Meeting (AGM).
  • ONGC made this announcement in compliance with Regulation 42 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.

Company Statement

In an official communication to the National Stock Exchange of India Ltd. and BSE Limited, Rajni Kant, Company Secretary & Compliance Officer of ONGC, stated:

"In terms of Regulation 42 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, it is hereby informed that Thursday, 4th September 2025 has been fixed as 'Record Date' for determining eligibility of members for payment of Final dividend, subject to declaration by the members in the ensuing Annual General Meeting of the Company, if any."

Investor Implications

Shareholders of ONGC who are on the company's record as of September 4, 2025, will be eligible to receive the final dividend, provided it is approved at the AGM. Investors interested in receiving this dividend should ensure they hold ONGC shares before the record date.

The announcement of the record date provides clarity to investors and allows them to make informed decisions regarding their shareholdings in ONGC. The final approval of the dividend at the AGM will be the last step before the company initiates the dividend payment process.

Historical Stock Returns for Oil & Natural Gas Corporation

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ONGC Shares Dip Amid U.S. Tariff Announcement and Environmental Compensation Notices

1 min read     Updated on 31 Jul 2025, 10:10 AM
scanxBy ScanX News Team
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Overview

ONGC's shares declined 0.83% following U.S. tariff announcements. The company received environmental compensation notices from APPCB for three facilities in Andhra Pradesh, totaling ₹100.80 crore. ONGC paid the fines under protest and plans to appeal. The company stated that the financial impact is not significant given its operational scale.

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*this image is generated using AI for illustrative purposes only.

Oil & Natural Gas Corporation (ONGC), India's state-owned oil and gas giant, faced a double whammy as its shares declined following U.S. tariff announcements and the company disclosed environmental compensation notices from the Andhra Pradesh Pollution Control Board (APPCB).

U.S. Tariff Impact

ONGC's stock dropped 0.83% intraday after U.S. President Donald Trump announced a 25% tariff on Indian exports. The tariff package includes unspecified penalties for countries importing oil and commodities from Russia. However, petroleum and electricity have been granted exemptions under the new tariff regime.

Despite the market reaction, ONGC's direct exposure to U.S. markets is limited, with operations primarily focused on domestic production and government-linked supply contracts. The company is expected to maintain operational stability in the near term due to its domestic focus and structured trade channels.

Environmental Compensation Notices

In a separate development, ONGC disclosed receiving environmental compensation notices from the APPCB for three of its facilities in Andhra Pradesh. The company made this disclosure in compliance with Regulation 30 of SEBI (LODR) Regulations, 2015.

The affected facilities and imposed compensations are:

Facility Compensation Amount Violation Period
Odalarevu (Onshore Terminal) ₹36.60 122 days
Tatipaka Gas Collecting Station and Mini Refinery ₹27.60 92 days
Kesanapalli Group Gathering Station ₹36.60 122 days

The APPCB alleged that the Effluent Treatment Plant (ETP) outlet values at these facilities did not comply with discharge standards. ONGC stated that it has paid the compensation under protest and plans to review the order and file an appeal with the appropriate appellate authority.

Financial Impact

ONGC asserted that considering the size and scale of its operations, the impact of these environmental compensations is not considered significant. The company maintains its position as a key player in India's oil and gas sector, with its primary focus on domestic production and government-linked contracts.

As ONGC navigates these challenges, investors and industry observers will be closely watching how the company addresses both the potential implications of the U.S. tariffs and its environmental compliance measures in Andhra Pradesh.

Historical Stock Returns for Oil & Natural Gas Corporation

1 Day5 Days1 Month6 Months1 Year5 Years
-1.75%-1.46%-2.70%-8.06%-30.71%+211.98%
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