Saturday, February 02, 2019

Coal India Buyback 2019 Record Date, Buyback Price & Details

 Saturday, February 02, 2019  
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Coal India Limited (CIL) is a state controlled coal mining company based in Kolkata. The company incorporated in 1975. The company is one of the largest coal producers in the world. The company reported 83736 crore revenues in 2017 with 14433 operative income, 9267 crore net income and 116078 crore of total assets reported in 2017. The have over 310000 employees as per 2017.


Coal India Buy Back 2019 Offer Details:

 Buyback Record Date:
 15-Feb-2019
 Board Meeting Approval:  04-Feb-2019
 Public Announcement:  04-Feb-2019
 Buyback Offer:  Rs.1050 Crore
 Buyback Offer Size:  0.72%
 Number of Shares:
 44680850
 Share Face Value:
 Rs.10
 Buyback Price:  Rs.235
 Buyback Type:  Tender Offer

Coal India buyback of 44680850 equity shares which is around 0.72% of all the existing number of equity shares at a price of Rs.235 per equity share. The buyback offer not exceeding of Rs.1050 crore of total buyback offer size.

Coal India Buyback Eligible Share Holders:
The investors are eligible of the buyback scheme who have Coal India shares in their Demat account as record date 15-Feb-2019. Investors can participate in the Coal India Buyback 2019 scheme as per the opening form by selling your shares. The payment will be given as per the accepted shares by the company under the Coal India buyback scheme.

Checkout Current Coal India Shares market price on NSE and BSE: Coal India Live Quote

Note: If anything you want to know about the buyback offer you can refer the Coal India buyback offer documents.

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