Indian Oil (IOC) — Board Meeting

Indian Oil Corporation Limited announced a ₹3 per share dividend for FY 2024-25, recommended by the Board on April 30, 2025, subject to shareholder approval at the AGM. The record date is August 8, 2025, with payment within 30 days of declaration. The company issued detailed tax deduction at source (TDS) guidance for resident and non-resident shareholders, requiring specific income tax documentation submissions by August 10, 2025. Resident individuals with valid PAN face 10% TDS, while those without face 20%; exemptions apply if annual dividend doesn't exceed ₹10,000 or valid tax exemption forms are submitted.

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About Indian Oil Corporation Limited (IOC)

Oil Gas & Consumable Fuels · Petroleum Products · Listed on NSE

Market Cap: ₹1,89,902.41 Cr P/E: 17.4

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Source: Stock Announcements. Analysis by StockFin.ai. For informational purposes only — not investment advice.

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