Business · India Bureau
Engineers India to seek shareholder nod for Rs 2.5 dividend payout
The oil ministry PSU will put its final dividend proposal for FY26 before shareholders at the upcoming annual general meeting. The company has set specific dates for the record and ex-dividend periods.
LSN India ·
Engineers India Limited (EIL), a public sector undertaking under the Ministry of Petroleum and Natural Gas, has announced plans to seek shareholder approval for a final dividend of Rs 2.50 per share for the financial year ending March 31, 2026.
The dividend proposal will be placed before shareholders at the company's annual general meeting (AGM), alongside approval of audited financial statements for FY26 and consideration of key board appointments. The AGM notice details the record date and ex-dividend date to enable timely disbursement to eligible shareholders.
EIL, a leading engineering and consulting company in the energy and infrastructure sectors, periodically distributes profits to shareholders through dividends. The latest payout represents the company's commitment to returning value to investors while maintaining financial prudence.
Shareholders are advised to check the official announcements for the exact record date and ex-dividend date, which determine eligibility for receiving the dividend. The company has historically maintained transparent dividend policies aligned with regulatory requirements and shareholder interests.