Coal India on Friday said that its board approved payment of second interim dividend of ₹5 per share for 2020-21. The state-owned company has fixed March 16 as ‘Record Date’ for the purpose of payment of second interim dividend on equity shares for 2020-21, Coal India said in the regulatory filing.
“The board of Directors in its meeting held on Friday, the 5th March’ 2021 approved payment of 2nd Interim Dividend for financial year 2020-21 @ ₹5 per share of the face value of ₹10 per equity share,” the filing said. The date of payment of interim dividend is on and from 24 March, it said.
Coal India Ltd accounts for over 80% of domestic coal production. It is eyeing one billion tonne of coal output by 2023-24.
