The board of directors of PSU oil major Oil India Ltd has approved an interim dividend of Rs 11 per share (i.e. 110 per cent) for the current fiscal.
The payout would be made from February 5 and would be completed before February 25, the company said in its filing with the stock exchanges.
Shares of OIL were trading at Rs 460.10, up by Rs 3, on the BSE.