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INDIAN OIL CORPORATION LTD. - Board recommends Final Dividend
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27 May 2016
Indian Oil Corporation Ltd has informed BSE that the Board of Directors of the Company at its meeting held on May 27, 2016, has recommended a final dividend of Rs. 8.50 per share (i.e.@ 85% on the paid up equity share capital) for the financial year 2015-16 subject to the approval of the shareholders at the ensuing Annual General Meeting of the Company. The final dividend would be paid within 30 days from the date of its declaration in the AGM. The final dividend is in addition to the Interim Dividend of Rs. 5.50 per share paid during the year, therefore the total dividend for the financial year 2015-16 works out to Rs. 14 per share.
View all announcements for INDIAN OIL CORPORATION LTD. Source: BSE India