APMDC Suliyari coal upcoming auction 3,000 MT for PAN- India MSMEs on 17th June 2025 @2533 per MT
Registered User
New UserCentre likely to get Rs 8,044 crore as dividend from Coal India
13 Mar 2018
The Central government is expected to get Rs 8,044 crore as interim dividend from state-owned Coal India Ltd for the fiscal year 2017-18.
The miner's board of directors have approved payment of interim dividend for the current fiscal at a rate of Rs 16.50 per share, it said in an exchange filing.
The Centre will also garner around Rs 2,085 crore as dividend tax from the mining major, a senior Coal India official told PTI.
The company's total payout on account of dividend is to the tune of Rs 10,242 crore.
The government currently holds 78.5 percent in Coal India.
Source: moneycontrol