This ONGC company will give the gift of dividend, a big decision will be taken on March 3 (Image/AI)
Mangalore Refinery and Petrochemicals Limited (MRPL) is a major subsidiary of Oil and Natural Gas Corporation Limited (ONGC). Now this company has brought a great news for its investors. The company has officially announced that an important meeting of its Board of Directors is going to be held on March 3, 2026. The main agenda of this meeting is to consider the declaration of interim dividend for FY26.
If you are a shareholder of this government company, then this news can bring you the gift of profit. Let’s take a quick look.
Complete plan of board meeting and dividend
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The company has informed BSE and NSE under SEBI rules that the board will take a decision on how much dividend should be given to the shareholders this year.
Date of meeting: 3 March 2026
Objective: Consideration and declaration of interim dividend for the financial year 2025-26
regulatory framework: Under SEBI (LODR) Regulations 29 and 50
Official Notice: This information has been given to the stock exchanges on 24 February 2026
Trading Window Closure
To prevent insider trading (misuse of inside information), the company has closed the trading window of its shares. This means that during this period, special people associated with the company will not be able to buy and sell shares.
Special things about MRPL
Mangalore Refinery and Petrochemicals Limited (MRPL), a major subsidiary of Oil and Natural Gas Corporation (ONGC), is a ‘Schedule A’ Public Sector Enterprise (PSE) under the Ministry of Petroleum and Natural Gas, Government of India. With a capacity of 15 MMTPA (million metric tonnes per annum), it operates a state-of-the-art refinery located in Mangalore, Karnataka, capable of processing complex and heavy crude oil.
The news of MRPL considering dividend is a positive sign for investors. In the meeting to be held on March 3, it will be decided how much money per share will come into the investors’ accounts. Giving dividends from time to time by government companies further strengthens the confidence of investors.
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