Coal India Limited Announces 52nd Annual General Meeting Details, Dividend Tax Rules for F.Y. 2025-26
Coal India Limited has announced details regarding its upcoming 52nd Annual General Meeting (AGM), outlining the process for the meeting, dividend payment procedures, and requirements for shareholders seeking tax benefits related to the final dividend for Fiscal Year (F.Y.) 2025-26.The AGM is scheduled to be held through Video Conferencing/Other Audio-Visual Means (VC/OAVM) on Monday, August 31, 2026, at 11:00 A.M. Shareholders are provided with the opportunity to attend and transact business via VC.
Dividend Recommendation and Payment Structure
The Board of Directors recommended a dividend per equity share under the Income Tax Act 1961. This recommendation is subject to approval by shareholders during the AGM.Key aspects concerning the final dividend include:
- Dividend Payment Mode: The company confirmed that all dividends will be paid through non-approved electronic modes only. No physical dividends, such as warrants, cheques, or demand drafts, will be dispatched to shareholders.
- KYC Requirement: All shareholders are requested to update their KYC details in their demat account to facilitate the online transfer of dividends directly to their bank account.
Tax Benefit and E-voting Procedures
Shareholders who wish to avail the benefit of nil, lower, or beneficial deduction of tax at source must complete relevant forms and upload documents on the designated tax portal.For shareholders wishing to claim such a benefit, they are required to submit specific forms and upload supporting documentation as directed by the company.
The following table summarizes key procedures for shareholders:
| Area | Details |
|---|---|
| AGM Date & Method | August 31, 2026; through Video Conferencing/OAVM. |
| Dividend Recommendation | Recommended by the Board of Directors at the meeting held on April 27, 2026. |
| Tax Benefit Requirement | Shareholders must upload relevant forms and documents to avail nil or lower tax deduction benefits. |
| Payment Mode | Non-approved electronic modes only; no physical instruments will be sent. |
Shareholder Action Points
The company advises all stakeholders to carefully read the notes provided in the AGM Notice, particularly instructions regarding joining the meeting and casting votes through remote e-voting or the electronic voting system during the AGM. Shareholders who do not receive an email notification must follow the instructions given in the AGM Notice to generate login credentials.COALINDIA Stock Price Movement
Edging upward in live trading at 1:40 PM, shares of Coal India Limited are currently trading at ₹429.90, gaining 0.58% or ₹2.50. The movement comes amid a day with 3.14 million shares traded, keeping the stock within its intraday range of ₹425.75 and ₹431.00.Disclaimer: Due care and diligence have been taken in compiling and presenting news and market-related content. However, errors or omissions may arise despite such efforts.
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