What was filed
Coal India Limited notified the exchanges of the arrangements for its 52nd Annual General Meeting and the payment mechanics of its final dividend for FY 2025-26. The AGM will be held through video conferencing on Monday, 31 August 2026, at 11:00 A.M. The company confirmed the record date for the dividend and set out the process for tax deduction at source.
The final dividend was recommended by the Board at its meeting held on 27 April 2026 and remains subject to shareholder approval at the AGM. Payment will follow only after that approval.
Who qualifies and how it will be paid
Per the filing, the dividend will be paid to shareholders holding equity shares — in electronic or physical form — as on the record date. Ownership on that single date determines entitlement.
The company also flagged a procedural change: citing a SEBI amendment dated 18 November 2025, Coal India said it will pay the dividend only through RBI-approved electronic modes, and that no physical instruments such as warrants, cheques or demand drafts will be despatched. Shareholders are asked to keep the KYC and bank details in their demat accounts updated so the transfer can reach them directly.
Tax at source
The filing notes that TDS provisions under the Income Tax Act, 1961 apply to the dividend. Shareholders seeking nil, lower or beneficial deduction are directed to submit the relevant forms and documents through the CIL Tax Portal or the specified email before the cut-off date. The company said submissions sent to other email IDs, portals or the registrar, or received after the cut-off, will not be considered, and that any concessional rate depends on the completeness of the documents furnished.