What was filed
Coal India Limited told the exchanges that its Board of Directors, at a meeting held on 27 July 2026, approved a first interim dividend for the financial year 2026-27. The dividend applies to shares held — in electronic or physical form — as on the record date of Friday, 31 July 2026. The document itself is a shareholder communication that sets out how tax will be deducted at source on the payout.
Payment now electronic-only
Following a SEBI amendment dated 18 November 2025 that omitted certain provisos to Regulation 12, the company said it will pay the dividend through RBI-approved electronic modes only — no warrants, cheques or demand drafts will be dispatched. Shareholders are asked to keep the bank details in their demat accounts or physical folios updated so the credit can be made on time. Per the filing, dividend is taxable in shareholders' hands, so the company will deduct tax at source depending on each holder's status and category, at the rates set out for resident and non-resident categories.
A short window to file tax documents
The company said tax-related documents and declarations — including Form 121, PAN copies, Tax Residency Certificates and Rule 203 documents — must now be submitted through its designated portal at taxportal.coalindia.in, with email as an interim fallback. The portal is open from Tuesday, 28 July 2026 until the cut-off of Tuesday, 4 August 2026. TDS certificates are also available for download from the same portal and will no longer be mailed separately.
