Coal India has received shareholders approval for buyback of 10.89 crore shares

August 27, 2016

Coal India Ltd (CIL), the leading miner of the country has received its shareholders approval for buyback of 10.89 crore shares worth Rs 3,650 crore.

CIL has said in a BSE filing that its shareholders have given approval for buyback of equity shares of 10.89 crores at Rs 335 a share.

The approval for the buyback of Rs 3,650 worth shares has been sought through a postal ballot.

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