Coal India will hold a meeting of the Board of Directors of the Company on 27 April 2026.

Despite spiraling operational costs, on account of increased prices of explosives and industrial diesel, the State owned Coal India (CIL) is absorbing the price shock insulating India`s coal users from escalating cost burden. Any pass through of the mounting prices would lead to a cascading effect. The company is also compensating the increased price of the industrial diesel to the contractors, operating in CIL`s mines, who purchase it in bulk quantities. The cost of Ammonium Nitrate (AN) which makes up for around 60% of the material composition in manufacturing of explosives, which CIL uses in its opencast mines, increased by 44 percent from pre-war level of Rs.50,500 per metric ton to Rs.72,750 metric per ton as of 1 April 2026. Prior to the West Asian crisis AN prices applicable to CIL held steady from August 2025 till January 2026 before touching Rs.50,500 per metric ton as of 1 March 2026 and since then had taken an upward route. This sharp increase in the price of AN had a direct bearing on the cost of explosives that CIL uses in large quantities in blasting operations to uncover overburden and expose coal seams. As a result, the average cost of explosives shot up by around 26% from Rs.39,588 per metric ton in February 2026 to Rs.49,783 per metric ton by March end. Annually, CIL`s producing subsidiaries consume around 9 Lakh metric tons of total explosives. Diesel was another important component where the price was shot up. In most of the CIL`s subsidiaries the price of the industrial diesel increased by around 54 percent from Rs. 92 per litre in mid-March 2026 to Rs. 142 per litre as of 1st April 2026. During the recently ended fiscal 2025-26 the consumption of diesel was around 4.19 Lakh Kilo Litres (KL). One KL is equivalent to 1000 Litres. At a time when the energy prices are surging ahead, apart from absorbing the price shocks, some of CIL`s subsidiaries have reduced the reserve price of coal in Single Window Mode Agnostic e-auction. The company has also increased the frequency of auctions and the quantum of coal to be put under the auction. CIL intends to supply the dry fuel at an affordable price to the country`s citizens to cap the consequent costs.

Coal India achieved coal production of 84.5 million tons (MT) in month of March 2026 compared to 85.8 MT in March 2025, recording a decline of 1.5%. Coal offtake was 0.7% higher at 69.5 MT in March 2026. For FY2026, the company reported decline of 1.7% in coal production at 768.1 MT while offtake declined 2.4% to 744.8 MT.

Coal India announced that Central Mine Planning & Design Institute, pursuant to its IPO, has sold 107,100,000 equity shares at an offer price of Rs 172.00 per share which were offered for sale by the Company. Central Mine Planning & Design Institute has been listed on BSE and National Stock Exchange of India effective 30 March 2026. As a result of the above, the Company`s shareholding in Central Mine Planning & Design Institute stands reduced from 100% to 85% (i.e., from 714,000,000 equity shares to 606,900,000 Equity Shares) of the issued and paid-up equity share capital of Central Mine Planning & Design Institute.Consequent to the above, Central Mine Planning & Design Institute ceases to be a wholly-owned subsidiary of the Company. However, it continues to remain a subsidiary of the Company. Powered by Capital Market - Live News

The Red Herring Prospectus (RHP) dated 12 March 2026 of Central Mine Planning and Design Institute (CMPDIL), a wholly owned subsidiary of Coal India, was filed with SEBI, BSE and NSE.The RHP filing pertains to the proposed initial public offering (�IPO�) of CMPDIL comprising an offer for sale of up to 107,100,000 equity shares by Coal India, which remains subject to receipt of applicable approvals, market conditions, and other relevant considerations.Powered by Capital Market - Live News