Coal India board to consider share buyback on Monday

Industry: Minerals 2019-01-31

State-owned CIL announced that its board will meet on Monday to consider and approve buyback of shares of the company.

“Board meeting of the company is scheduled on Monday, the February 4, 2019 interalia to consider and approve buyback of the fully paid-up equity shares of the company having face value of ₹10 each,” Coal India (CIL) said in a BSE filing Wednesday.

CIL accounts for over 8o% of domestic coal output.

Source: Mint

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