Indian Oil Corporation Limited at the board meeting held on April 30, 2024, recommended a final dividend of 70% for the year 2023-2024 i.e. INR 7.00 per equity share of face value of INR 10/- each on the paid-up share capital, subject to the approval of the shareholders at the upcoming Annual General Meeting (AGM) of the Company. The final dividend would be paid within 30 days from the date of declaration at the AGM. The record date for payment of final dividend would be fixed and intimated in due course.