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Coal India pays Rs 5,400.49 crore as dividend to Government

24 Mar 2012 Evaluate

Coal India (CIL), the largest coal producing company in the world, has presented a cheque amounting to Rs 5,400.49 crore as dividend to the government. The company has paid this dividend for the year 2011-12. The acting chairman and managing director of the company presented the dividend cheque to the Coal Minister.

The coal major had earlier proposed to pay a dividend of Rs 5,684.73 crore to the government for 2011-12. However, for fiscal 2010-11 the company had paid Rs 2,217 crore, for 2009-10 amount of Rs 2,210 crore and for 2008-09 amount of Rs 1,705 crore as dividend to the government.

Coal India is the largest coal producing company in the world. The company also produces non-coking coal and coking coal of various grades for diverse applications.

Coal India Share Price

442.25 3.55 (0.81%)
20-Apr-2026 12:05 View Price Chart
Peers
Company Name CMP
Coal India 442.25
NMDC 89.50
GMDC 698.70
Sandur Manganese 216.75
MOIL 325.30
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