Oil India Limited (NSE: OIL), a Maharatna PSU, has recommended a final dividend of ₹1.50 per share (15% of paid-up equity capital) for the financial year 2024–25. The proposal is subject to shareholder approval at the company’s Annual General Meeting (AGM) scheduled on September 18, 2025.
Dividend Record Date
The company has fixed Thursday, September 4, 2025, as the record date to determine the eligibility of shareholders who will receive the dividend payout.
Dividend Payment Timeline
In line with regulatory requirements, the dividend will be disbursed within 30 days of its declaration at the AGM. The announcement was made during the Board of Directors’ meeting on May 21, 2025.
Oil India–BPCL Joint Venture for Arunachal Pradesh Gas Distribution
In a major step towards strengthening India’s clean energy infrastructure, Oil India Limited and Bharat Petroleum Corporation Limited (BPCL) have entered into a Joint Venture Agreement (JVA) to establish a Joint Venture Company (JVC) in Arunachal Pradesh.
The new venture will focus on creating an extensive gas distribution network that includes:
- Compressed Natural Gas (CNG) stations
- Piped Natural Gas (PNG) supply for domestic, commercial, and industrial use
The agreement, signed at BPCL’s Corporate Office, was witnessed by OIL CMD Dr. Ranjit Rath and BPCL Director (Refineries) & Acting CMD Shri Sanjay Khanna.
This collaboration aligns with the government’s vision of a gas-based economy, aiming to accelerate socio-economic growth while promoting the adoption of cleaner and more sustainable fuels across the state.
Summary
Oil India has fixed September 4, 2025, as the record date for its ₹1.50 per share final dividend for FY25, which will be paid within 30 days of shareholder approval at the upcoming AGM. Alongside rewarding investors, the company is also expanding its clean energy footprint through a joint venture with BPCL in Arunachal Pradesh, aimed at building a robust CNG and PNG distribution network. This dual focus on shareholder returns and energy transition highlights Oil India’s commitment to both financial growth and sustainable development.
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