https://indianmasterminds.com

ADVERTISEMENT
ADVERTISEMENT

Dividend Delight: Chennai Petroleum (CPCL) Declares Rs5/Share Final Payout for FY25; Fixes August 1 as Record Date

Final dividend of ₹5 per share recommended; Record Date fixed for August 1, 2025
Indian Masterminds Stories

Mumbai: Chennai Petroleum Corporation Ltd (CPCL), a subsidiary of Indian Oil Corporation, has seen a continued uptrend in its share price as the company announced the Record Date for its Final Dividend for the financial year 2024–25.

CPCL Shares Extend Gains

On Friday, CPCL shares gained for the sixth consecutive trading session, currently up 0.33% at ₹749.70 on the Bombay Stock Exchange (BSE). The positive movement comes as investors reacted to the dividend announcement and strong fundamentals.

Read Also: Manoj Kumar Pandey Appointed as Independent Director on CPCL Board- Know More About Him

Final Dividend of ₹5 Per Share Declared

In an April 2025 board meeting, CPCL’s Board of Directors recommended a final equity dividend of ₹5 per share (i.e., 50% of the paid-up equity capital) for FY 2024–25. The declaration is subject to shareholder approval at the company’s upcoming Annual General Meeting (AGM).

Record Date Fixed for August 1, 2025

The company, in a filing with the stock exchanges, announced that Friday, August 1, 2025, will be the Record Date to determine the eligibility of shareholders for receiving the final dividend. Shareholders whose names appear on the company’s register as of that date will be entitled to receive the dividend.

Dividend Payment Timeline & Tax Details

If approved at the AGM, the final dividend will be paid within 30 days from the AGM date.

CPCL also reminded shareholders of the tax implications under the Income Tax Act, 1961, which now mandates that dividends are taxable in the hands of shareholders. Accordingly, the company will deduct tax at source (TDS) before making dividend payments.

To ensure correct TDS deductions, eligible shareholders must submit the relevant documents by Wednesday, August 13, 2025.

Read Also: CPCL Reports 25% Drop in Q4 Net Profit Amid Falling Refining Margins

Investor Takeaway

With a healthy dividend payout, consistent share price performance, and alignment with Indian Oil’s long-term strategy, CPCL remains an attractive stock for both institutional and retail investors. The dividend also signals the company’s stable cash flow and shareholder-friendly policies.

About CPCL

Chennai Petroleum Corporation Limited (CPCL), formerly known as Madras Refineries Limited (MRL), is a subsidiary of Indian Oil Corporation Limited which is under the ownership of Ministry of Petroleum and Natural Gas of the Government of India. It is headquartered in Chennai, India. It was formed as a joint venture in 1965 between the Government of India (GOI), Amoco and National Iranian Oil Company (NIOC), having a shareholding in the ratio 74%: 13%: 13% respectively. From the grassroots stage CPCL Refinery was set up with an installed capacity of 2.5 million tonnes per year in a record time of 27 months at a cost of ₹430 million (US$5.1 million) without any time or cost overrun.


Indian Masterminds Stories
ADVERTISEMENT
ADVERTISEMENT
Related Stories
ADVERTISEMENT
ADVERTISEMENT
NEWS
CMPDI_signs_MoU
CMPDI Partners with Manmukh Education Consultancy to Train 60 Underprivileged Youth as Phlebotomy Technicians in Ranchi
Abhishek Singh IAS
Proud Moment for Indian Bureaucracy: IAS Abhishek Singh Named to TIME100 AI 2025 for Leading India AI Mission
Two crossed national flags on wooden table
50% US Tariffs Impact: Govt Unveils Rs 25,000 Crore Export Support Mission, Assures Strong Backing for Exporters
IRS Officers ndian revenue Services
High Court Rejects Request of Retired IRS Officer for Additional Commissioner Pay While Serving as DR at ITAT
Madhya-Pradesh-State-IAS
Madhya Pradesh IAS Officers Must Submit Property Details by January 31 or Face Promotion Delays
IAS Anurag jain
Confirmed: Anurag Jain Gets One-Year Extension as Madhya Pradesh Chief Secretary, Ending Successor Speculation
IFS Dinesh K Patnaik
From Freeze to Thaw: Who Is IFS Dinesh K Patnaik, India’s New High Commissioner to Canada?
Bihar Government-resized-IM
Bihar Govt Approves Rs. 66.91 Crore Land Acquisition for Industrial Growth in Purnia; Major Industries to Come Up in Kenagar Block
ADVERTISEMENT
ADVERTISEMENT
Videos
WhatsApp Image 2025-08-25 at 13.56
Operation Hunt: IPS Dr. Karanraj Vaghela’s Mission to Nab Valsad’s Most Wanted
Dr
Resisted Flawed Schemes, Transferred Thrice In Three Months, Found Solace In Writing
WhatsApp Image 2025-08-11 at 4.48
IAS SVR Srinivas on Mumbai Trans Harbour Link, Tough Calls, and the Real Power of IAS Officers | Video Interview
ADVERTISEMENT
UPSC Stories
IAS Minnu P M
“Lazy, Sleepy, Yet Determined”: Minnu P M’s Honest Take on Cracking UPSC
Minnu PM, once a clerk in Kerala Police, cleared UPSC with AIR 150 after five years of struggle. Her...
IPS Ashish Tiwari
From IIT and Investment Banking to Public Service, Meet IPS Ashish Tiwari 
Ashish Tiwari, IIT graduate and former investment banker, chose public service over global finance. As...
WhatsApp Image 2025-08-12 at 7.27
First Attempt IRS, Fourth Attempt IPS: The Relentless Pursuit of Jitendra Kumar Yadav Who Cracked UPSC 3 Times
IPS Yadav is originally from Chhattisgarh. He was first selected for the IRS through UPSC and later for...
Social Media
Masahiro Hara
From Go Board to Global Use, How QR Codes Changed the World: IRAS Officer Ananth Rupanagudi Spotlights Masahiro Hara’s Vision
IRAS officer Ananth Rupanagudi shared a video on Masahiro Hara, the inventor of QR codes, highlighting...
IFS Susanta Nanda Video
A Mother’s Duty: Tigress Watches Over Cubs Splashing in Waterhole — Heartwarming Video Shared By Retd. IFS Officer Susanta Nanda
A tender wildlife video shared by Retd. IFS officer Susanta Nanda shows a tigress keeping watch over...
Mohanmala
Kaziranga Mourns: Beloved Elephant Mohanmala Passes Away After Five Decades of Service
Kaziranga National Park mourns the loss of Mohanmala, a beloved elephant who served over 50 years as...
ADVERTISEMENT
ADVERTISEMENT
ADVERTISEMENT
Latest
CMPDI_signs_MoU
CMPDI Partners with Manmukh Education Consultancy to Train 60 Underprivileged Youth as Phlebotomy Technicians in Ranchi
Abhishek Singh IAS
Proud Moment for Indian Bureaucracy: IAS Abhishek Singh Named to TIME100 AI 2025 for Leading India AI Mission
ADVERTISEMENT
ADVERTISEMENT
ADVERTISEMENT
ADVERTISEMENT
ADVERTISEMENT
ADVERTISEMENT
ADVERTISEMENT
Videos
WhatsApp Image 2025-08-25 at 13.56
Dr
WhatsApp Image 2025-08-11 at 4.48
ADVERTISEMENT
ADVERTISEMENT