Indian Oil Corporation Ltd Announces Second Interim Dividend for FY26 The board of Indian Oil Corporation Ltd approved a second interim dividend for the financial year 2025-26 at its meeting held on March 6. The company declared a 20% interim dividend, equivalent to ₹2 per equity share of face value ₹10 each, for FY26. This payout will be made to eligible shareholders on or before April 5, 2026. The record date to determine which shareholders are eligible to receive the interim dividend has been fixed as Thursday, March 12, 2026. Only investors who hold shares of the company on this specific date are entitled to receive the dividend payout. Investors who buy the stock after the ex-dividend date will not be eligible for the announced dividend. Indian Oil is India's largest oil refining and fuel marketing company, classified as a Maharatna public sector enterprise. The PSU stock ended 1.9% lower at ₹168.25 on BSE. A dividend is a portion of a company's profits distributed to its shareholders as a reward for holding the company's shares. It can be paid annually, semi-annually, or as interim dividends during the financial year, as in the case of Indian Oil's latest announcement. The company has also issued a communication to its shareholders detailing the tax deduction at source (TDS) provisions applicable to its second interim dividend for FY26.#BSE #Indian_Oil_Corporation_Ltd #FY26 #March_6 #April_5_2026 #Thursday_March_12_2026 #Maharatna
Shares of Power Grid Corporation of India Ltd. experienced a modest uptick on Monday, September 22, 2025, closing at ₹286.50, up 0.07% from the previous session. This slight gain occurred amid a broader market decline, with the BSE SENSEX Index falling 0.56% to 82,159.97. Despite the uptick, Power Grid's stock remains approximately 21.76% below its 52-week high of ₹366.20, achieved on September 25, 2024. The trading volume was notably lower than usual, with 167,792 shares traded compared to the 50-day average of 474,122. In recent developments, Power Grid has been actively promoting gender inclusivity. The company designated its 400/220 kV substation in Lucknow as the first "Pink Station" in Northern Region-III, managed exclusively by women. This initiative underscores Power Grid's commitment to empowering women in technical and leadership roles within the energy sector. #news #Newsone #PowerGridIndia #StockMarketNews #BSE #SensexUpdate #WomenInLeadership #PinkStation #GenderInclusivity #EnergySector
