Chennai Petroleum Corporation Limited — Others, 26-08-2025: Shareholders meeting

Chennai Petroleum Corporation Limited clarified an error regarding its 59th Annual General Meeting (AGM) conclusion time, correcting it to 11:40 AM from 11:40 PM in an earlier submission. During the AGM, the company announced a dividend of ₹0.665 per preference share and ₹5 per equity share for FY 2024-25. Strategically, CPCL is entering retail marketing of petroleum products, earmarking approximately ₹400 Cr capital expenditure over two to three years to diversify revenue streams. The company reported a robust turnover of ₹70,963 Cr and a Profit After Tax of ₹174 Cr for FY24-25, alongside a 10.45 MMT crude throughput. A reconfiguration study for the Cauvery Basin Refinery project is underway to evolve it into a petrochemical-based complex.