In its 289th Board Meeting held on January 31, 2017, ONGC presented the Quarterly results for the quarter ended December 31, 2016.
ONGC Board has approved 2nd interim dividend of 45%, i.e. Rs 2.25 on each equity share of Rs 5. The total payout on this account will be Rs 2,887 Crore. Government of India will receive Rs 1,973 crore on its 68.34% shareholding. In addition, dividend distribution tax of Rs 588 Crore would also be paid to the Government. The Record date for distribution of divid
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