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Centre likely to get Rs 8,044 crore as dividend from CIL

Press Trust of India  |  Kolkata 

The is expected to get Rs 8,044 crore as interim from state-owned Ltd for the fiscal year 2017-18.

The miner's board of directors have approved payment of interim for the current fiscal at a rate of Rs 16.50 per share, it said in an exchange filing.

The Centre will also garner around Rs 2,085 crore as tax from the major, a senior official told

The company's total payout on account of dividend is to the tune of Rs 10,242 crore.

The government currently holds 78.5 per cent in Coal India.

(This story has not been edited by Business Standard staff and is auto-generated from a syndicated feed.)

First Published: Sun, March 11 2018. 17:10 IST
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