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Coal India (CIL) has said that it has got the approval from its board for buyback of 10.89 crore shares worth Rs 3,650 crore.
CIL has said in a BSE filing that “The company by way of special resolution… has approved the buyback of not exceeding 10.89 crore equity shares of the company…at a price of Rs 335 per equity shares payable in cash for an aggregate consideration of Rs 3,650 crore.”
