Coal India postpones year-end coal stock measurement amid COVID-19 spread

Kolkata: Coal IndiaNSE 0.59 % has postponed its annual stock measurement from April 1 to April 15, following advisory issued by the government and cancellation of train movement due to threat posed by outbreak of pandemic COVID-19.

Every year, the company engages an external agency to take stock of inventory at some 360-odd mines operated by its seven coal producing subsidiaries. The exercise is related to ascertaining annual accounts of the company.