Indian Oil Corporation Limited Holds 67th AGM on Aug 31, 2026
Indian Oil Corporation Limited conducted its 67th AGM on August 31, 2026. Key agenda items included adopting FY26 financial statements, declaring a ₹1.25/share dividend, appointing directors, and amending MoA/AoA. The Chairman discussed performance and future plans.
The AGM is a significant event for shareholders, involving decisions on dividends, director appointments, and amendments to company documents. These can have a medium-term impact on corporate governance and shareholder returns.
The announcement is a summary of proceedings of an AGM, which is a routine corporate event. It does not contain new financial results or significant forward-looking statements that would strongly influence sentiment.
Indian Oil Corporation Limited (IOC) held its 67th Annual General Meeting (AGM) on Monday, August 31, 2026, through Video Conferencing (VC) / Other Audio-Visual Means (OAVM). The meeting commenced at 10:30 am IST and concluded at 1:50 pm IST.
Shri A. S. Sahney, Chairman, presided over the meeting. The agenda included receiving and adopting the Audited Standalone and Consolidated Financial Statements for the year ended March 31, 2026, declaring a Final Dividend of ₹1.25 per equity share for FY 2025-26, appointing/re-appointing Directors, approving material Related Party Transactions with Petronet LNG Ltd., ratifying the remuneration of Cost Auditors for FY ending March 31, 2027, and amending the Memorandum and Articles of Association.
Remote e-voting commenced on August 27, 2026, and concluded on August 30, 2026. An e-voting facility was also available during the AGM. The Chairman provided an overview of the company's performance for 2025-26 and Q1 2026-27, addressing queries on financial and operational performance, expansion plans, capex, dividends, future business plans, and industry outlook.
A plain-language summary of a public exchange filing by Indian Oil Corporation Limited. Read the original for the full detail.