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Oil India Ltd is engaged in exploration, development and production of crude oil and natural gas, transportation of crude oil and production of LPG. It also provides various E&P related services for oil blocks.
Oil India will hold its 67th AGM on September 17, 2026, via VC/OAVM. The record date for the Final Dividend 2025-26 is September 4, 2026. This dividend, previously declared by the Board, will be paid post shareholder approval.
Oil India urges shareholders to update email IDs for AGM notices and electronic dividend payouts. It's essential to dematerialize physical shares via the special window and submit relevant documents for dividend tax processing.
Oil India's Board proposed a final dividend of Re 1 per share for FY2025-26, pending AGM approval. Applicable tax will be deducted at source. Shareholders must upload TDS documents by September 7 for smooth processing.
Oil India received a Rs. 0.055 Cr fine for non-adherence to board structure requirements. The Board reviewed the penalty and plans to seek a waiver, stating the issue was beyond company control.
Oil India faced a non-compliance fine of ₹0.054 Cr regarding board composition. The Board reviewed this, advising a waiver request as the non-compliance was beyond the company's control.