Coal India FY26 dividend: ₹5.25 final, PAT -12%

AGM outcome: final dividend approved for FY26

Coal India Limited held its 52nd Annual General Meeting (AGM) on August 31, 2026. Shareholders approved a final dividend of ₹5.25 per equity share for FY 2025-26 (FY26). The company had already communicated the final dividend proposal earlier, and the AGM approval completes the process. Coal India said the record date for determining shareholder eligibility is September 4, 2026. The meeting was conducted through Video Conferencing/Other Audio Visual Means (VC/OAVM), as outlined in the AGM notice. Alongside dividend approval, shareholders were asked to adopt the audited standalone and consolidated financial statements for the year ended March 31, 2026. The AGM also covered director appointments and other routine corporate approvals.

Dividend math: ₹26.50 total payout for the year

The ₹5.25 final dividend keeps the total dividend for FY26 at ₹26.50 per share. Coal India had paid three interim dividends during the year, totaling ₹21.25 per share. The interim tranches were ₹5.50 per share (first interim), ₹10.25 per share (second interim), and ₹5.50 per share (third interim). With the final dividend added, the total annual payout is unchanged at ₹26.50 per share, even as profitability moderated year-on-year. The company’s communications also described the final dividend as 52.50% on equity shares. Coal India stated that, if declared, the final dividend will be paid within 30 days to eligible shareholders whose names appear on the register as of the record date.

Key dates: record date, voting window, and disclosures

Coal India fixed Friday, September 4, 2026, as the record date for its final dividend. The board had recommended the final dividend at its meeting on April 27, 2026, subject to shareholder approval at the AGM. Remote e-voting opened on August 28, 2026 at 09:00 AM IST and closed on August 30, 2026 at 05:00 PM IST. The cut-off date for voting eligibility was August 24, 2026. Shareholders who did not vote remotely could vote during the AGM via Instapoll. The company indicated that results would be announced within two working days of the meeting’s conclusion. It also asked shareholders holding physical shares to update PAN, KYC, or nomination details by September 4, 2026.

FY26 financial snapshot: revenue flat, profits softer

Coal India reported a slight dip in consolidated revenue from operations to ₹1,68,400 crore in FY26 from ₹1,69,177 crore in the previous year. Consolidated profit after tax (PAT) fell 12.4% year-on-year to ₹31,071 crore, compared with ₹35,450 crore a year earlier. EBITDA also declined to ₹53,276 crore from ₹57,139 crore. The numbers indicate a year where top-line performance stayed broadly stable while profitability moderated. The company’s AGM dividend decision, however, maintained the total annual dividend at ₹26.50 per share. This pairing of a steady payout with lower profits is a key point investors will track through subsequent disclosures. Coal India’s FY 2025-26 Integrated Annual Report was also announced, alongside the AGM notice and processes.

Board and leadership: B. Sairam appointed CMD

The AGM approved multiple appointments. Shri B. Sairam was appointed as a Whole-time Director to function as Chairman-cum-Managing Director. Shri Ashim Kumar Modi was appointed as a Part-time Official Director. Shri Asheesh Kumar was appointed as a Whole-time Director (Business Development). Smt Sona Kumari was appointed as an Independent Director. The AGM agenda also included the reappointment of Shri Mukesh Choudhary, Director (Marketing), who retires by rotation and offered himself for re-appointment. These changes are part of the company’s board refresh and statutory governance cycle as outlined in the AGM notice.

Subsidiary milestones: BCCL and CMPDI listing

Coal India highlighted that subsidiaries Bharat Coking Coal and CMPDI were listed successfully. The update was included among the key highlights around the AGM and FY26 updates. While further listing details were not provided in the shared information, the mention signals a notable corporate milestone for the group structure. Investors typically watch such developments because subsidiary listings can change disclosure frequency and segment-level visibility. Coal India did not provide additional financial breakdowns for these subsidiaries in the provided text. The development was presented as a completed event rather than a pending step.

Compliance items: cost auditor remuneration and tax document process

Among the ordinary and special business items, the AGM included ratification of the remuneration of the cost auditor M/s. Bandyopadhyaya Bhaumik & Co. for FY 2026-27. The remuneration was stated as ₹5,00,000 plus out-of-pocket expenditures restricted to 50% of audit fees, along with applicable taxes. The company also outlined an electronic tax document submission process through a Tax Portal, with a window from August 18 to September 4, 2026, and an email fallback. Separately, Coal India noted that dividends would be paid exclusively through electronic modes as per new SEBI regulations. These compliance and process items are operational, but they affect how investors submit documents and receive payments.

Market snapshot: Coal India at ₹401 ahead of AGM

As of 28-Aug-2026 at 16:00:00 IST, Coal India’s share price was ₹401.00. The update also showed a ₹1.00 increase on the day based on the provided snapshot. This price reference provides context for the dividend announcement and AGM-related corporate actions. No additional volume or market-cap data was included in the provided information. Investors typically evaluate dividend announcements relative to price levels, but this article sticks to the disclosed numbers. The price point is also useful for tracking market reaction around AGM outcomes.

Key facts at a glance

Timeline and appointments

Why this matters: steady payout despite softer profitability

The FY26 outcome combines two clear signals. First, Coal India maintained the total annual dividend at ₹26.50 per share by adding a ₹5.25 final dividend to the interim payouts. Second, the company reported year-on-year declines in consolidated PAT and EBITDA, while revenue from operations dipped marginally. For income-focused investors, the dividend continuity is a central point, particularly because the record date and payment timeline are clearly defined. For governance watchers, the AGM approvals included a new Chairman-cum-Managing Director and several director appointments. And for compliance, the company reiterated electronic dividend payment and tax document submission processes with specific dates.

What investors can track next

Coal India has said results of AGM voting would be announced within two working days of the meeting’s conclusion. The final dividend eligibility hinges on the September 4, 2026 record date, and payment is expected within 30 days post-approval as per the AGM notice. Investors holding physical shares have a September 4, 2026 timeline to complete PAN, KYC, or nomination updates, based on the company communication. The integrated annual report and AGM notice are available on the company website, per the company. Any upcoming detailed TDS exemption guidelines were referenced as “to be available soon” in the provided text, indicating another disclosure item to watch. Beyond dividends, the group’s update on the listing of Bharat Coking Coal and CMPDI is a corporate milestone that may lead to more frequent subsidiary-level updates.