MRPL Interim Dividend FY26 Declared with Record Date for March 11 2026 and Stock Movement

Mangalore Refinery and Petrochemicals Limited (MRPL) announced an interim dividend for FY26. The company also set a record date for shareholder eligibility. After the update, MRPL shares closed at Rs 206.10 on NSE. The stock gained 5.02% for the session. Intraday trade stayed volatile, between Rs 196.50 and Rs 212.31.

MRPL is a Miniratna Category 1 CPSE under the Ministry of Petroleum & Natural Gas. MRPL operates as a division of ONGC. The company makes petroleum products such as diesel and petrol. It also produces petrochemicals. The dividend decision came through a board approval shared in a regulatory filing.

The company’s statement said: "An Interim dividend at the rate Rs 4/- on fully paid up equity shares of Rs 10/- each, i.e., @ 40% for the Financial Year 2025-26. It may also be noted that, pursuant to Regulation 42 of SEBI (LODR), the Board has fixed Wednesday, March 11, 2026 as the "Record Date" for the purpose of ascertaining the eligibility of shareholders for payment of interim dividend. The Interim Dividend would be paid to eligible shareholders on or before April 02, 2026," confirmed the PSU company in a regulatory statement.

Trendlyne data shows MRPL has paid 15 dividends since September 12, 2002. After the March 2026 interim dividend update, the dividend yield stands near 1.94%. IndMoney data places the 10-year average dividend yield near 1.85%. The figures provide context on MRPL’s payout pattern versus recent market pricing.

MRPL dividend metric	Detail
Dividends paid since	September 12, 2002
Total dividends (Trendlyne)	15
Dividend yield after March 2026 announcement	~1.94%
10-year mean dividend yield (IndMoney)	~1.85%

MRPL target price: analyst views and chart levels

A R Ramachandran, part-time SEBI-registered Research Analyst at Tips2trades, said: "Mangalore Refinery stock price is bearish on the Daily charts with strong resistance at 197. A Daily close below support of 183 could lead to a target of 162 in the near term," commented A R Ramachandran, part-time SEBI-registered Research Analyst, Tips2trades.

Market Wizard’s Adib Noorani said: "Mangalore Refinery (MRPL) is the one to watch right now. Today, the stock saw a massive jump, crossing the Rs. 200 mark and closing near Rs. 210 with huge buying volume. It even hit a new 52-week high! A big reason for this excitement is that the company just declared a nice interim dividend of Rs. 4 per share, with the record date set for next Wednesday, March 11. The chart setup is looking incredibly strong. All the important indicators are pointing sharply upwards. You can buy it at a re-test of Rs. 205, keep a strict stop-loss around Rs. 192, and ride the bullish momentum," commented Market Wizard's Adib Noorani on Friday.

The views and recommendations shared above came from independent analysts and entities. Goodreturns.in and Greynium Information Technologies Private Limited did not endorse the calls. The information was provided only for education and general awareness. Readers should verify details independently. Investors should consult licensed financial advisors before taking any investment decision in MRPL shares.