Wednesday is the cut-off date for shareholders of Oil India to receive bonus shares. The public sector oil major had declared one bonus share for every three shares held by its shareholders.
As of September 30, the central government held 67.64 per cent stake in Oil India, while Life Insurance Corp of India held 9.20 per cent. IOC, BPCL and HPCL also hold significant number of shares, while a little over 1.17 lakh small investors own 3.16 per cent.