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IOC
on Limited (IOC), India's leading state-owned oil marketing company and a Maharatna PSU, has declared a second interim dividend of Rs 2 per equity share (20% on face value of Rs 10) for the financial year 2025-26.
The Board of Directors approved this payout during a meeting held on March 6, 2026. This follows an earlier interim dividend in the fiscal year, reflecting IOC's strong financial performance and commitment to shareholder returns amid stable refining margins and operational efficiency.
The company has fixed Thursday, March 12, 2026, as the record date to determine eligible shareholders. Investors must hold IOC shares by the end of trading on the record date to qualify for the dividend. The payment will be made on or before April 5, 2026.#WatchOutFor#EquityResearch#MacroViews
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