Oil India Limited — Results, 07-02-2025: Integrated Filing- Financial

Oil India Limited has announced a board meeting on February 7, 2025, during which the Board approved the integrated financial results for the quarter and nine months ended December 31, 2024, on both standalone and consolidated bases. An interim dividend of ₹7 per share was declared, to be paid by March 9, 2025, with a record date set for February 17, 2025. Additionally, promotions to Executive Director level were approved. This solid set of results, along with dividend payouts, reflects a positive outlook for shareholder returns. However, the absence of independent directors on the board may raise some governance concerns.