Oil India Limited — Board Meeting, 07-02-2025: Outcome of Board Meeting

The Board of Oil India Limited has declared a second interim dividend of ₹7 per share for the financial year 2024-25, and it is set to be paid by March 9, 2025. Additionally, promotions of certain executives to the level of Executive Directors were approved. The integrated financial results for the quarter and nine months ending December 31, 2024, were reviewed and approved, revealing significant updates, including a provision for disputed service tax/GST liabilities amounting to ₹3,684.24 crore as of December 31, 2024, with a significant interest component included in this figure.