SEBI Reg. Investment Advisor

Download App

MoneyWorks4Me

Oil India informs about outcome of board meeting

08 Mar 2024 Evaluate

Pursuant to Regulation 30 & 43 of the SEBI (LODR) Regulations, 2015, Oil India has informed that the Board of Directors in its meeting held today on 08th March, 2024 has accorded its approval for: a) Second Interim Dividend of Rs 8.50 per share (85% of paid-up capital) for the financial year 2023-24. The Second Interim Dividend 2023-24 will be paid on or before 07th April, 2024. [The Record Date - 18th March, 2024 was intimated vide its letter of even no. dated 01st March, 2024] b) appointment of Amit Agrawal & Associates, Company Secretaries as the Secretarial Auditor of the Company for Financial Year 2023-24, 2024-25 & 2025-26. C) the Promotion of Executives of the Company to the level of Executive Directors [One level below the Board of Directors] as per attached Annexure. d) the Investment by its Material Subsidiary - Numaligarh Refinery for implementation of Coke Drum Structural Package (CDSP) project costing Rs 635.28 Crore. The Board Meeting commenced at 10:30 am and concluded at 12:55 pm.

The above information is a part of company’s filings submitted to BSE. 

Oil India Share Price

470.10 7.80 (1.69%)
17-Apr-2026 16:59 View Price Chart
Peers
Company Name CMP
ONGC 283.95
Oil India 470.10
Jindal Drilling&Inds 540.15
Deep Industries 476.90
Asian Energy Service 306.05
View more..

About MoneyWorks4Me

MoneyWorks4Me is a SEBI-registered Investment Adviser (IA) dedicated to helping investors build long-term wealth through transparent, research-driven, conflict-free guidance. Founded in 2008, we started our journey as a Research Analyst (RA), providing deep fundamental analysis, intrinsic value insights, and long-term investing frameworks for Indian equities. In 2017, we transitioned to a full-fledged SEBI-registered Investment Adviser, strengthening our commitment to acting as a fiduciary—always putting the investor’s interest first.

Our Vision

To become India’s most trusted, research-powered fiduciary advisory platform—where every investor, regardless of experience, can make calm, confident, and well-reasoned investment decisions.

What Makes MoneyWorks4Me Different

Our Approach: Ensuring compounding work its magic on client portfolio.

MoneyWorks4Me ensures this through:

×