Coal India sets September 4 record date for final dividend payment

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Reviewed by
Ashish TScanX News Team
Key Highlights

Coal India Limited has announced September 4, 2026, as the record date for its final dividend of ₹ 5.25 per equity share for FY 2025-26, pending approval at its 52nd AGM on August 31, 2026. This follows three interim dividends totaling ₹ 21.25 per share, making the total annual payout ₹ 26.50. Remote e-voting runs from August 28 to August 30, 2026. Shareholders must update PAN and KYC details by the record date to receive dividends electronically and comply with SEBI regulations effective April 1, 2024.

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Coal India Limited has fixed Friday, September 4, 2026, as the record date to determine shareholder eligibility for its final dividend of ₹ 5.25 per equity share for the financial year ended March 31, 2026 (FY 2025-26). The Maharatna company confirmed that dividend payments will be processed exclusively through electronic modes, requiring shareholders to update their Permanent Account Number (PAN), Know Your Customer (KYC), and nomination details before the cut-off to avoid transfer of unclaimed amounts to the Investor Education and Protection Fund (IEPF).

The Board of Directors recommended the final dividend at its meeting on April 27, 2026, subject to shareholder approval at the 52nd Annual General Meeting (AGM) scheduled for Monday, August 31, 2026. If approved, this payout adds to three interim dividends already declared during FY 2025-26: ₹ 5.50 on July 31, 2025; ₹ 10.25 on October 29, 2025; and ₹ 5.50 on February 12, 2026. The total dividend payout for the year stands at ₹ 26.50 per share.

AGM Agenda and Voting Timeline

The AGM will be conducted via Video Conferencing (VC) or Other Audio Visual Means (OAVM) in compliance with the Companies Act, 2013, and Securities and Exchange Board of India (SEBI) Listing Obligations and Disclosure Requirements Regulations, 2015. Ordinary business includes the adoption of standalone and consolidated audited financial statements for FY 2025-26 and confirmation of interim dividends.

Special business items include:

  • Re-appointment of Mukesh Choudhary (DIN-07532479), Director (Marketing), who retires by rotation.
  • Ratification of remuneration for M/s. Bandyopadhyaya Bhaumik & Co. as Cost Auditor for FY 2026-27.
  • Appointment of new directors: Ashim Kumar Modi, B. Sairam, Asheesh Kumar, and Sona Kumari.

Remote e-voting commences on August 28, 2026, at 09:00 AM IST and closes on August 30, 2026, at 05:00 PM IST. The cut-off date for determining voting eligibility is August 24, 2026. Members who have not cast remote votes may vote via Instapoll during the AGM. Results will be announced within two working days of the meeting’s conclusion.

Shareholder Compliance and Tax Details

Shareholders holding physical shares must update their PAN, KYC, or nomination details by September 4, 2026. Failure to comply may result in dividends being credited only electronically or transferred to the IEPF Authority. Coal India previously transferred ₹ 90,74,044 and ₹ 72,68,803 from unclaimed interim dividends of 2018-19 to the IEPF in January and April 2026, respectively.

Tax deduction at source (TDS) applies to dividend income. Resident individuals face a 10% TDS rate if annual dividend income exceeds ₹ 10,000. Non-residents and Foreign Portfolio Investors are subject to a 20% TDS rate plus applicable surcharge and cess. The company’s Tax Portal remains open from August 18, 2026, to September 4, 2026, for submitting Form 121 (formerly Form 15G/H) and other tax documents.

Document Access Details
Web-link https://www.coalindia.in/performance/annual-reports/
Path www.coalindia.in > Performances > Financial > Annual Reports and Accounts > Annual Reports > Year 2025-26
QR Code Available in the shareholder letter

Physical folio holders can contact the Registrar & Share Transfer Agent, M/s Alankit Assignments Limited, at lalitap@alankit.com or toll-free number 1860-121-2155 for assistance with KYC updates.

Historical Stock Returns for Coal India

1 Day5 Days1 Month6 Months1 Year5 Years
+0.25%-0.37%-6.20%-6.88%+7.67%+189.43%

How might the re-appointment of Mukesh Choudhary and the induction of new directors like Ashim Kumar Modi influence Coal India's strategic focus on marketing and operational efficiency in FY 2026-27?

Given the total dividend payout of ₹ 26.50 per share, what does this yield suggest about Coal India's capital allocation strategy and future investment plans for capacity expansion or green energy transition?

With the company actively transferring unclaimed dividends to the IEPF, what long-term impact could stricter electronic-only payment mandates have on retail investor participation and liquidity in the stock?

Coal India Considers Acquiring Chile Division of Canada's Wealth Minerals

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Reviewed by
Anirudha BScanX News Team
Key Highlights

Coal India is reportedly considering the acquisition of the Chile division of Canada's Wealth Minerals, as per a Reuters report. The potential deal would represent an international expansion move by the state-owned mining company. No financial terms, deal size, or timeline have been disclosed in the currently available information.

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Coal India , India's state-owned mining conglomerate, is reportedly considering the acquisition of the Chile division of Canada's Wealth Minerals, according to a report by Reuters. The development points to the company's potential interest in broadening its international asset base through a cross-border transaction.

Potential Overseas Acquisition

The report, attributed to Reuters, indicates that Coal India is evaluating a purchase of the Chile-based operations of Wealth Minerals, a Canadian mining company. The Chile division of Wealth Minerals is understood to be involved in mineral resource activities in the South American country, though no specific financial terms, deal size, or timeline have been disclosed in the available information.

Key Transaction Details

Parameter: Details
Acquirer: Coal India
Target: Chile Division of Wealth Minerals
Target Parent: Wealth Minerals (Canada)
Source: Reuters

No further details regarding the valuation, structure, or status of the proposed transaction have been made available at this time. The report does not provide information on regulatory approvals, deal timelines, or the specific assets involved in the Chile division under consideration.

Historical Stock Returns for Coal India

1 Day5 Days1 Month6 Months1 Year5 Years
+0.25%-0.37%-6.20%-6.88%+7.67%+189.43%

How might this potential acquisition impact Coal India's diversification strategy beyond domestic coal mining?

What regulatory hurdles could arise from a state-owned Indian entity acquiring assets in Chile?

Could this deal signal a broader trend of Indian PSUs seeking international mineral assets to secure supply chains?

More News on Coal India

1 Year Returns:+7.67%