Shareholders to Consider Financial Statements, Director Appointments, and Final Dividend During Virtual AGM
Kolkata, India: Coal India Limited (CIL), the world’s largest coal-producing company, has announced that it will hold its 52nd Annual General Meeting (AGM) on Monday, August 31, 2026, at 11:00 AM. The meeting will be conducted through Video Conferencing (VC) and Other Audio-Visual Means (OAVM) in accordance with the guidelines issued by the Ministry of Corporate Affairs (MCA) and the Securities and Exchange Board of India (SEBI).
The company has informed both the stock exchanges about the AGM, and the Notice of the 52nd AGM along with the Integrated Annual Report for FY 2025–26 has been made available to shareholders through the company’s official website.
Board Recommends Final Dividend of ₹5.25 Per Share
One of the key agenda items for the AGM is the approval of a final dividend of ₹5.25 per equity share (face value ₹10 each), representing 52.50% of the paid-up equity share capital.
The proposed final dividend comes in addition to the three interim dividends already declared and paid during the financial year:
- First Interim Dividend: ₹5.50 per share
- Second Interim Dividend: ₹10.25 per share
- Third Interim Dividend: ₹5.50 per share
If approved by shareholders at the AGM, the final dividend will be paid within 30 days of its declaration to eligible shareholders whose names appear in the company’s Register of Members or the records of depositories as of the record date, September 4, 2026.
Shareholders to Approve FY 2025–26 Financial Statements
During the meeting, shareholders will consider and adopt the Standalone as well as Consolidated Audited Financial Statements of Coal India Limited for the financial year ended March 31, 2026.
Members will also review and consider:
- Report of the Board of Directors
- Report of the Statutory Auditors
- Comments of the Comptroller and Auditor General (CAG) of India on the company’s financial statements
These documents provide a comprehensive overview of the company’s financial performance, governance practices, operational achievements, and strategic initiatives during FY 2025–26.
Important Board Appointments on the Agenda
The AGM will also consider several key appointments to the company’s Board of Directors.
Shri Mukesh Choudhary, Director (Marketing), who retires by rotation in accordance with the Companies Act, has offered himself for re-appointment.
Shareholders will also be asked to approve the appointments of:
- Shri Ashim Kumar Modi as Part-time Official Director
- Shri B. Sairam as Chairman-cum-Managing Director (CMD)
- Shri Asheesh Kumar as Director (Business Development)
- Smt. Sona Kumari as Independent Director
These appointments are expected to further strengthen Coal India’s leadership and corporate governance framework.
Remote E-Voting Facility for Shareholders
To encourage greater shareholder participation, Coal India Limited has provided a remote e-voting facility.
The remote e-voting window will remain open from:
- August 28, 2026
- August 29, 2026
- August 30, 2026
Shareholders who do not cast their votes during the remote e-voting period will also be able to vote electronically while attending the virtual AGM.
Virtual AGM in Line with Regulatory Guidelines
The company stated that the AGM will be conducted through virtual mode in compliance with the latest MCA and SEBI regulations, ensuring that shareholders can participate safely and conveniently from any location.
Members attending the meeting through Video Conferencing (VC) or Other Audio-Visual Means (OAVM) will have the opportunity to participate in discussions, seek clarifications on agenda items, and exercise their voting rights electronically.
Strengthening Shareholder Value
The proposed final dividend, combined with the three interim dividends already distributed, reflects Coal India Limited’s continued focus on rewarding shareholders while maintaining a strong financial position.
The 52nd AGM will provide shareholders with an opportunity to review the company’s performance during FY 2025–26, participate in key governance decisions, approve strategic Board appointments, and discuss the company’s future growth roadmap as it continues to play a pivotal role in meeting India’s energy requirements.
