Coal India Limited - Buyback
Coal India Limited (the “Company”), has announced Cash Offer to Buyback of up to 4,46,80,850 (Four Crore Forty Six Lakh Eighty Thousand Eight Hundred And Fifty Only) fully paid-up equity shares of face value Rs 10/- each, representing approximately 0.72% of the total number of equity shares in the issued, subscribed and paid-up equity share capital of the Company as at March 31, 2018, from the shareholders/ beneficial owners of equity shares of the Company as on the Record Date i.e., February 15, 2019, on a proportionate basis, through the “Tender Offer” route at a price of Rs. 235/- (Rupees Two Hundred and Thirty Five Only) per equity share for an aggregate amount not exceeding Rs. 1,050 crore (Rupees One Thousand and Fifty Crore Only) from March 01, 2019 to March 15, 2019.
Every day Cut-off: 4.00 pm
Last day Cut-off: 11.30 am