Coal India Limited — Important, 28-01-2025: General Updates

The Board of Coal India Limited has declared a 2nd Interim Dividend of Rs 5.60 per equity share for the fiscal year 2024-25. Shareholders on record as of January 31, 2025, will be eligible to receive this dividend. The company has communicated the Tax Deduction at Source (TDS) details associated with this dividend. TDS rates vary depending on the shareholder's residency status, with essential clarifications provided for resident and non-resident shareholders regarding documentation needed to ensure accurate tax deductions. Shareholders are advised to submit requisite documents by February 3, 2025, to facilitate the appropriate TDS rate application, as claims for TDS adjustments post this date may not be accepted.