Mumbai/New Delhi — Two major public sector undertakings—Indian Oil Corporation Limited (IOCL) and Rashtriya Chemicals and Fertilizers Limited (RCFL)—have declared important upcoming dates for shareholders and investors in their respective financial instruments.
Indian Oil Corporation Sets August 8 Record Date for Dividend
In its Board meeting held today, IOCL, a Maharatna PSU and India’s largest oil refining company, announced Friday, August 8, 2025, as the Record Date to determine the eligibility of shareholders for a dividend of ₹3.00 per equity share for the financial year 2024–25.
- The dividend recommendation was made in the Board meeting on April 30, 2025, subject to approval at the company’s upcoming Annual General Meeting (AGM).
- IOCL reported a robust net income of ₹8,120 crore for the March quarter, marking a 57.78% year-on-year increase.
- The company’s net profit margin improved significantly to 4.16%, up 60.62% YoY.
- IOCL shares closed at ₹146.41 on BSE, rising by 3.12% amid strong market capitalization of ₹2.06 lakh crore and a Price-to-Earnings (P/E) ratio of 14.83.
RCFL Declares July 11 Record Date for ₹500 Crore NCD Redemption and Interest Payout
Rashtriya Chemicals and Fertilizers Ltd (RCFL), a government-owned fertilizer manufacturer, has announced Friday, July 11, 2025, as the Record Date for the redemption and interest payment on its Non-Convertible Debentures (NCDs) totaling ₹500 crore.
These NCDs are secured, redeemable, cumulative/non-cumulative, taxable, and non-convertible, each valued at ₹10 lakh.
The interest payment date is scheduled for August 5, 2025.
Currently, RCFL shares are trading at ₹156.21, down by 1.17%, partly influenced by the Department of Fertilizer’s decision to reject the company’s request related to the EPMC Gas mechanism for Trombay Urea production for FY 2021–22 and 2022–23.
RCFL’s market capitalization stands at ₹8,260 crore, with a 52-week high of ₹245.00. Despite the recent dip, the stock has gained 1.43% in the last month and 3.26% over the last five sessions.
Investor Implications
- Investors holding IOCL shares on or before August 8, 2025, will be eligible for the proposed dividend payout post-AGM approval.
- RCFL NCD holders registered by July 11, 2025, will receive redemption payments and interest on the specified dates.
Both announcements reflect the active financial management and investor engagement by these leading PSUs in India’s corporate sector.
