Coal India: Shareholder Communication on Tax for 2nd Interim Dividend

Coal India Limited has issued a shareholder communication regarding the tax implications on its 2nd interim dividend for the Tax Year 2026-27. The dividend, approved at Rs. 10.25 per equity share, will be paid on November 4, 2026. The company will disburse dividends electronically only, as per SEBI regulations. Shareholders are advised to update their bank details for timely credit. The communication details the Tax Deduction at Source (TDS) provisions applicable to various shareholder categories, including resident and non-resident individuals, mutual funds, insurance companies, and entities exempt under the Income Tax Act. Dividends are taxable in the hands of shareholders from April 1, 2020, and Coal India will deduct TDS accordingly.