Oil India declares interim dividend. (Photo: Oil India/X) Show Quick Read Summary is AI Generated. Newsroom Reviewed

Oil India Ltd. has announced an interim dividend of Rs 3.50 per fully paid up equity share for FY26, according to an exchange filing on Friday.

The PSU has set Nov. 11 as the record date to determine the eligibility of shareholders for the payment of said interim dividend. Further, the dividend will be paid on or before Dec. 14, the filing stated.

To be eligible for these payouts, investors must be mindful of the Ex-Dividend Date, which is the day the share price adjusts to reflect the upcoming dividend.

Under India's T+1 settlement cycle, shares purchased on the record date — which typically follows the Ex-Date — will not qualify for the dividend payment, making i

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