Coal India Limited, a Maharatna company, executed the MoU with CMDC, a Chhattisgarh State Government undertaking. The agreement focuses on joint initiatives in exploration and extraction of critical minerals, which may include rare earth elements and other resources crucial for industrial and energy applications.
This collaboration could strengthen CIL’s presence in the minerals sector beyond coal and align with India’s strategic resource planning.
Coal India shares were trading at ₹388.30, up ₹6.40 (1.68%) from the previous close of ₹381.90. The stock opened at ₹384.00, reached a high of ₹388.45, and recorded an intraday low of ₹383.80. The Volume Weighted Average Price (VWAP) stood at ₹386.88.
In 2025, Coal India Limited declared multiple dividend payouts to its shareholders. The company issued an interim dividend of ₹5.60 per share on 31 January 2025, followed by another interim dividend of ₹5.50 per share on 6 August 2025.
Later, a final dividend of ₹5.15 per share was declared on 21 August 2025. For all these dividends, the record date was the same as the ex-date, and shareholders holding shares in a demat account were eligible to receive the payouts automatically. These corporate actions highlight Coal India’s consistent approach to rewarding its investors throughout the year.
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Coal India Limited’s MoU with Chhattisgarh Mineral Development Corporation Ltd. signals a step toward collaboration in the exploration of critical minerals, complementing the company’s existing operations.
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Published on: Oct 7, 2025, 9:33 AM IST
Neha Dubey
Neha Dubey is a Content Analyst with 3 years of experience in financial journalism, having written for a leading newswire agency and multiple newspapers. At Angel One, she creates daily content on finance and the economy. Neha holds a degree in Economics and a Master’s in Journalism.
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