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Coal India LimitedOthers, 28-02-2025: Rumour Verification - Regulation 30(11)

28-02-2025 | 04:57 pm

Coal India Limited has announced a board meeting to discuss the implementation of a “Singrauli Punarasthapan Charge” of ₹300 per tonne, effective from May 1, 2025, applicable across all mines of its wholly-owned subsidiary, NCL. This update follows a notable increase in the company's share price on February 28, 2025, which appears to be market-driven, as no major news or events were reported that could explain the surge. This charge may enhance revenue for the company, potentially reflecting positively on its financial health, while investors should remain aware of market volatility related to such pricing adjustments.

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