Coal India Limited has announced the cessation of Independent Director Shri Ghanshyam Singh Rathore upon completion of his tenure, effective March 1, 2026. The Maharatna company informed both the Bombay Stock Exchange and National Stock Exchange of India about this corporate governance development through a formal regulatory filing.

Regulatory Compliance and Filing Details

The intimation was filed pursuant to Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, read with Schedule III of the Securities and Exchange Board of India regulations. The company also complied with SEBI Circular No. SEBI/HO/CFD/CFD-PoD1/P/CIR/2023/123 dated July 13, 2023, providing all required details in the annexure.

Corporate Governance Transition

The cessation represents a routine corporate governance transition, with the director completing his prescribed tenure rather than resigning or being removed from the position. Coal India Limited's Executive Director (Company Secretary) and Compliance Officer B. P. Dubey signed the regulatory filing, ensuring proper documentation of the directorial change.

Company Information

Coal India Limited, headquartered in Kolkata with its registered office at Newtown, Rajarhat, operates as a Maharatna company under the Government of India. The company maintains its corporate secretariat at Core-2, Premises no-04-MAR, Plot no-AF-III, Action Area-1A, and continues to fulfill all regulatory obligations related to board composition and corporate governance standards.

The filing confirms that all required disclosures have been made to stock exchanges, maintaining transparency in corporate governance matters as mandated by securities regulations.

Coal India Limited has released its provisional production and offtake performance data for Feb'26 and the cumulative period Apr'25-Feb'26, as mandated under Regulation 30 of the SEBI (LODR) Regulations 2015. The performance report reveals mixed results across the company's operations, with modest production gains offset by declining offtake volumes.

Feb'26 Monthly Performance

For Feb'26, Coal India achieved total production of 74.7 million tonnes, representing a marginal growth of 0.7% compared to 74.1 million tonnes in the same period last year. However, offtake performance declined during the month, with total volumes reaching 62.0 million tonnes, down 1.5% from 62.9 million tonnes in Feb'25.

Cumulative Apr'25-Feb'26 Performance

The cumulative performance for the Apr'25-Feb'26 period showed Coal India's total production at 683.7 million tonnes, declining 1.7% from 695.3 million tonnes in the corresponding period last year. Offtake volumes also decreased by 2.8% to 674.6 million tonnes compared to 694.1 million tonnes in the previous year.

Subsidiary Performance Analysis

SECL emerged as the standout performer with production growth of 7.0% for the cumulative period and strong offtake growth of 4.3%. The subsidiary also recorded positive monthly growth rates of 2.7% in production and 11.0% in offtake for Feb'26.

BCCL faced significant challenges with the steepest production decline of 14.0% for the cumulative period and 12.5% drop in offtake. The subsidiary's Feb'26 offtake also declined sharply by 28.8%.

MCL, being the largest contributor, maintained relatively stable performance with production of 197.8 million tonnes for the cumulative period, though showing a 2.6% decline compared to the previous year.

Regulatory Compliance

The provisional data was compiled from ERP reports generated on 01.03.2026 at 9:30 AM and submitted to both BSE and NSE as part of Coal India's regulatory obligations under SEBI (LODR) Regulations 2015. The disclosure ensures transparency in the company's operational performance for stakeholders and market participants.