Announcements

Coal India Limited conducted a meeting with its Board of Directors on 11th November 2020. As per this meeting, it has declared, to the Exchange, an Interim Dividend of Rs. 7.50  per equity share on equity shares of Rs. 10/- each, of the Company.

Adjustments for Futures Contracts:
The base price of the Futures contracts on 19th November 2020, will be the reference rate less aggregate amount of dividend i.e. Rs. 7.5/-. The reference rate for this purpose shall be the daily mark to market settlement price of the relevant futures contract.

Adjustments for Options Contracts:
The full value of dividend i.e. Rs. 7.5/- would be deducted from all the cum-dividend strike prices on the ex-dividend date.

To know more, read the circular here.

Note: For all positions taken before 19th November 2020, you may see a slight deviation in the carried forward (c/f) average price of COALINDIA due to the corporate action mentioned above.