Oil India Dividend Alert! Maharatna PSU Stock Sets Record Date For Rs 1.50 Payout; Buy OIL Shares?

As the company's stock is in the spotlight in the wake of its recent declaration of a record date for its final dividend of Rs 1.50 for the fiscal year 2024-2025, attention will be on Oil India Limited. Alongside this announcement, the 66th Annual General Meeting (AGM) has been scheduled for September 18, 2025. The company's financial performance for the first quarter of FY26 has also drawn notice. Investors and industry experts continue to pay attention to the firm as a result of these deliberate decisions and financial reports.

Oil India Dividend Record Date

"The Company has fixed Thursday, 04th September, 2025 as the 'Record Date' for Final Dividend 2024-25 which was recommended by the Board of Directors in its meeting held on 21st May, 2025. The Dividend will be paid/dispatched within the stipulated period of 30 days post approval of the shareholders," said OIL in a stock exchange filing.

Oil India Upcoming AGM

"This is to inform that the 66th Annual General Meeting (AGM) of the Company will be held on Thursday, 18th day of September, 2025 at 11:00 a.m. (IST) through Video Conferencing (VC) / Other Audio Visual Means (OAVM) and the Notice of the AGM along with the Annual Report 2024-25 will be sent by electronic mode to those members whose e-mail addresses are registered with the Company / Depositories, in compliance with the relevant circulars issued by the Ministry of Corporate Affairs (MCA) and Securities and Exchange Board of India (SEBI)," as per a regulatory filing from Oil India.

"Pursuant to the provisions of Section 108 of the Companies Act, 2013, Rule 20 of the Companies (Management and Administration) Rules, 2014 and any amendment thereof and Regulation 44 of the SEBI (LODR) Regulations, 2015, Oil India Limited ("the Company") will provide e-voting facility to its members as on the "Cut-off date i.c. Thursday, 11th September, 2025" in respect of the business(s) to be transacted at the 66th AGM. The Remote e-voting facility will be available during the following period: Commencement of E-Voting: Sunday, 14th September, 2025 at 10:00 A.M. Closure of E-Voting: Wednesday, 17th September, 2025 at 5:00 P.M," Oil India said in a stock exchange filling.

Oil India Target Price

"Oil India is consolidating above strong support near ₹400. Maintaining above this support could trigger an upward move toward ₹430-₹450. Momentum indicators are positive, signaling potential accumulation. A decisive move above ₹450 would open further upside, while ₹395 should be considered a strict stop-loss for traders," commented Riyank Arora, technical analyst at Mehta Equities Ltd.

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