Coal India accepts resignation of ED Raja Sekhar Kinnera

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Reviewed by
Shriram SScanX News Team
Key Highlights
  • Raja Sekhar Kinnera steps down as Executive Director effective September 1, 2026
  • Departure follows attainment of superannuation age for the executive
  • Disclosure made under Regulation 30 of SEBI LODR Regulations 2015
  • Coal India informed BSE and NSE of the senior management change
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*this image is generated using AI for illustrative purposes only.

Coal India accepted the resignation of Raja Sekhar Kinnera as Executive Director (Corporate Planning and Project Monitoring) effective September 1, 2026.

The Maharatna PSU disclosed the change in senior management pursuant to Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations 2015 and the SEBI (Prohibition of Insider Trading) Regulations 2015.

Kinnera relinquished charge upon attaining the age of superannuation. The company notified both the Bombay Stock Exchange and the National Stock Exchange of India Limited regarding the departure.

Bijay Prakash Dubey, Executive Director and Company Secretary, signed the disclosure filed on September 1, 2026.

Historical Stock Returns for Coal India

1 Day5 Days1 Month6 Months1 Year5 Years
+2.91%+0.08%+5.32%-8.84%+8.17%+172.86%

Who has been appointed as the successor to Raja Sekhar Kinnera, and what is their strategic vision for Coal India's corporate planning?

How might this leadership transition impact the execution of Coal India's ongoing greenfield and brownfield mining projects?

Will the change in senior management influence Coal India's near-term guidance on coal production volumes or export strategies?

Coal India reports nearly 84 mines operating at a loss

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Reviewed by
Jubin VScanX News Team
Key Highlights
  • Coal India has reported that nearly 84 of its mines are operating at a loss
  • The disclosure highlights significant operational challenges across Coal India's mining portfolio
  • Coal India is one of the largest coal producers globally, operating mines across multiple subsidiaries in India
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*this image is generated using AI for illustrative purposes only.

Coal India has disclosed that nearly 84 of its mines are currently operating at a loss, underscoring significant operational challenges within its mining portfolio.

Loss-making mines at a glance

The disclosure highlights that a substantial number of mines under Coal India's operations are financially unviable at present. The figure of nearly 84 loss-making mines points to the scale of the challenge facing the state-owned miner.

Parameter Details
Number of loss-making mines Nearly 84
Company Coal India

Operational context

Coal India is one of the largest coal producers in the world and operates a vast network of mines across multiple subsidiaries in India. The presence of nearly 84 loss-making mines within its portfolio reflects the operational and cost pressures that can affect large-scale mining enterprises.

Historical Stock Returns for Coal India

1 Day5 Days1 Month6 Months1 Year5 Years
+2.91%+0.08%+5.32%-8.84%+8.17%+172.86%
Disclaimer: This article is AI-generated using data from LiveSquawk. ScanX is not liable for any inaccuracies.

What specific restructuring or closure strategies is Coal India planning to implement for the 84 loss-making mines?

How will this operational inefficiency impact Coal India's dividend payout and overall profitability in the upcoming fiscal year?

Are there plans to modernize these underperforming mines with new technology to improve cost efficiency, or will they be phased out?

More News on Coal India

1 Year Returns:+8.17%