Coal India Record Date Tomorrow: What Should Shareholders Do Before August 21, 2025?

Coal India Limited (CIL), the largest coal-producing company in the world, has set an important date for its shareholders tomorrow, August 21, 2025. This date is crucial as it determines the eligibility of shareholders to receive the final dividend for the financial year 2024-25. Here is an article detailing what this record date means for investors and key information surrounding the dividend payout.

What is the Record Date?

The record date is the cut-off date set by a company to determine which shareholders are eligible to receive certain benefits such as dividends or to vote in the Annual General Meeting (AGM).

For Coal India, the record date has been fixed as Thursday, August 21, 2025. Shareholders who hold equity shares either in their demat accounts or physical form on this date will qualify to receive the final dividend recommended by the Board of Directors for FY 2024-25.

Details of Coal India Dividend

On May 7, 2025, Coal India's Board of Directors recommended a final dividend of ₹5.15 per equity share of face value ₹10 each for the financial year 2024-25, which is subject to shareholders’ approval at the 51st AGM scheduled for August 28, 2025. If approved, the dividend will be paid to all eligible shareholders within 30 days of the AGM approval.

This final dividend is in addition to the interim dividends already paid during the year: the 1st interim dividend of ₹15.75 per share and the 2nd interim dividend of ₹5.60 per share.

How to Ensure Receipt of Dividend?

Shareholders are advised to keep their bank account details updated to facilitate direct credit of dividends. Those holding shares electronically should update their details with their respective Depository Participants, while shareholders holding physical shares can submit their bank details along with a cancelled cheque to the Registrar and Transfer Agent—M/s Alankit Assignments Limited.

Additionally, dividend-related tax documents such as Form 15G/15H, PAN cards, and Tax Residency Certificates are to be submitted through the company’s designated online tax portal available from August 27 to September 3, 2025, to avoid higher tax deductions at source.

Voting Rights and AGM Participation

The record date also determines the shareholders who can participate in voting at the AGM and cast their votes on the company’s resolutions. Coal India is conducting its AGM on August 28, 2025, via video conferencing due to compliance with regulatory relaxations, enabling shareholders to participate remotely.

Read more: Key Corporate Actions for Aug 18-22, 2025: Major Dividend Updates from Coal India, RVNL, and IRCTC!

Conclusion

Tomorrow’s record date is a significant milestone for Coal India Limited shareholders, marking the eligibility cutoff for the eagerly awaited final dividend for FY 2024-25. This dividend not only reflects the company’s robust performance but also provides an attractive return to its investors.

Disclaimer: This blog has been written exclusively for educational purposes. The securities mentioned are only examples and not recommendations. This does not constitute a personal recommendation/investment advice. It does not aim to influence any individual or entity to make investment decisions. Recipients should conduct their own research and assessments to form an independent opinion about investment decisions.

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