Chennai Petroleum Corporation Ltd
Board recommends final dividend of Rs 54 /- per share
DIVIDEND
▲ Positive Development
LOW RISK
📅 Filed on BSE: 24 Apr 2026, 01:30 PM IST · BSE ID: 22fa8828-1c47-4932-829e-2a9bac687f70
View Original BSE Filing (PDF)
💡
In Simple Terms
The company will pay shareholders Rs 54 per share as final dividend after annual meeting approval, plus the Rs 8 interim dividend already announced.
🤖 AI Summary
- Board recommends final equity dividend of Rs 54/share for FY 2025-26 — 540% payout ratio
- Final dividend subject to shareholder approval at ensuing AGM; payable within 30 days post-declaration
- Added to interim dividend of Rs 8/share already declared in March 2026, totalling Rs 62/share annual
- Board also approved preference dividend of 6.65% on outstanding preference shares — Rs 15.94 Crore total
- Auditors issued unmodified audit opinions on standalone and consolidated financial statements
🔢 Key Numbers — exact figures from BSE filing, not rounded
Final equity dividend recommended
Rs 54 per share
Final dividend as % of face value
540%
Interim dividend already paid
Rs 8 per share
Total annual equity dividend
Rs 62 per share
Preference dividend on outstanding shares
Rs 15.94 Crore at 6.65%
🏢 How This Affects the Company
Final dividend of Rs 54/share plus preference dividend of Rs 15.94 Crore represents cash outflow to shareholders. Combined with Rs 8/share interim dividend, total annual payout is Rs 62/share, indicating strong cash generation and capital distribution in FY 2025-26.
👥 What This Means For Shareholders
✅
Action Required
Equity shareholders must attend or vote at the annual general meeting to approve the final dividend of Rs 54/share.
👤
Who Is Affected
All equity shareholders of record as of the record date (to be intimated separately). Preference shareholders receive 6.65% dividend on outstanding shares up to September 23, 2025 redemption date, totalling Rs 15.94 Crore.
🔍
Management Signal
Strong dividend recommendation reflects confidence in cash generation and management prioritisation of shareholder capital returns.
For information only. Not investment advice. ForgeUp is not SEBI-registered.
👁 Watch List — track these upcoming events
AGM date and shareholder vote result on Rs 54/share final dividend approval
Record date announcement for final dividend payment — ensure demat holdings before cutoff
Dividend payment completion within 30 days post-AGM approval — track credit to accounts
LOW RISK
Dividend requires shareholder approval at AGM; timing confirmed for declaration within 30 days of approval. No default on loans or debt securities.
💡 Investor Takeaway
Chennai Petroleum board recommends Rs 54/share final dividend for FY26, payable post-AGM approval within 30 days. Combined with Rs 8/share interim dividend already declared, total annual payout is Rs 62/share. Auditors issued unmodified opinions on financial statements.
⚖️ Strengths & Concerns
✅ Positives
- Strong payout discipline: Rs 54/share final dividend plus Rs 8/share interim = Rs 62/share annual distribution
- Auditors issued unmodified opinions on both standalone and consolidated financials — no qualification or adverse findings
📅 Company Track Record
Chennai Petroleum declared interim dividend of Rs 8/share in March 2026 with record date April 2, 2026, payable by April 25, 2026. Current final dividend of Rs 54/share brings total FY26 payout to Rs 62/share, indicating elevated capital distribution.
Based on publicly available historical data. For context only.