Coal India Limited (CIL), a Maharatna company, has announced a significant change in its senior management. Bijay Prakash Dubey, previously serving as the Company Secretary & Compliance Officer, has been promoted to the position of Executive Director (Company Secretary), effective October 31, 2025.

Key Details of the Promotion

Professional Background

Bijay Prakash Dubey brings a wealth of experience to his new role:

• Education: Alumnus of St. Xavier's College, Kolkata
• Professional Qualification: Associate member of The Institute of Company Secretaries of India (ICSI)
• Experience: Over two decades in Company Law and Secretarial functions
• Expertise: Major CPSEs and listed companies

This promotion underscores Coal India's commitment to recognizing and nurturing talent within its ranks. Dubey's extensive experience in company law and secretarial functions is expected to be valuable in his new executive role.

Regulatory Compliance

The announcement was made in compliance with Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements) Regulations 2015 and SEBI Circular No. SEBI/HO/CFD/PoD2/CIR/P/0155 dated November 11, 2024. This adherence to regulatory requirements demonstrates Coal India's commitment to transparency and corporate governance.

Company Overview

Coal India Limited, with its registered office in Kolkata, is a prominent player in the Indian coal sector. As a Maharatna company, it holds significant importance in the country's energy landscape. The company's continued focus on strengthening its leadership team reflects its strategy to maintain its position in the industry.

This management change comes at a time when the coal sector is facing various challenges and opportunities, including the global push towards cleaner energy sources. The appointment of an experienced professional like Dubey to a senior executive position may be seen as part of Coal India's efforts to navigate these evolving market dynamics effectively.

Coal India Limited (CIL), the state-owned coal mining behemoth, has announced its second interim dividend for the financial year 2025-26, even as it reported a mixed bag of financial results for the second quarter ended September 30, 2025.

Dividend Declaration

The Board of Directors of Coal India, in its meeting held on October 29, 2025, declared a second interim dividend of Rs 10.25 per equity share with a face value of Rs 10 each. This represents a dividend payout of 102.50% of the face value. The company has set Tuesday, November 4, 2025, as the "Record Date" for determining shareholder eligibility for this dividend payment, which is scheduled to be disbursed by November 28, 2025.

Q2 Financial Performance

For the quarter ended September 30, 2025, Coal India reported the following key financial metrics:

While Coal India's revenue of Rs 302 billion slightly exceeded analysts' estimates of Rs 295.87 billion, it still represented a marginal decline of 1.53% compared to the same period last year. The company's EBITDA (Earnings Before Interest, Taxes, Depreciation, and Amortization) saw a more significant drop, falling 22.09% year-over-year to Rs 67.16 billion, missing the estimated Rs 78.27 billion.

The EBITDA margin contracted by 584 basis points, from 28.09% in Q2 FY2025 to 22.25% in the current quarter, falling short of the expected 26.45%.

Operational Highlights

Although specific operational details were not provided in the given data, Coal India's performance is often influenced by factors such as production volumes, offtake, and global coal prices. The company's ability to meet power sector demand and its e-auction sales typically play crucial roles in its financial outcomes.

Looking Ahead

While the dividend announcement may be welcomed by shareholders, the mixed financial results suggest that Coal India faces challenges in maintaining its profit margins. The company's performance in the coming quarters will likely depend on its ability to optimize production costs, improve operational efficiencies, and navigate the evolving energy landscape as India balances its coal dependency with growing environmental concerns.

Investors and industry observers will be keenly watching how Coal India adapts to these challenges while maintaining its critical role in India's energy security.