Coal India Declares ₹5.50 Per Share 3rd Interim Dividend for FY26; Record Date Set Today

New Delhi, 12 February 2026: Coal India Limited on Wednesday declared a 3rd interim dividend of ₹5.50 per equity share for the financial year 2025–26, according to a regulatory filing dated 12 February 2026.

The dividend, declared by the Board at its meeting held on 12 February 2026, will be paid on equity shares having a face value of ₹10 each. The company has fixed Wednesday, 18 February 2026 as the record date to determine shareholders eligible to receive the interim dividend.

The announcement was made under Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.

Key Dates and Timeline

Coal India has fixed 18 February 2026 (Wednesday) as the record date for the purpose of determining eligible shareholders.

As per the company’s communication, the dividend will be paid to shareholders holding equity shares in electronic or physical form as on the record date. The company stated that dividend payments will be made through RBI-approved electronic modes only.

The detailed tax communication to shareholders has been uploaded on the company’s website and is being circulated via registered email IDs.

Tax Deduction at Source (TDS) Framework for Shareholders

In line with the provisions of the Income Tax Act, 1961, as amended by the Finance Act, 2020, dividend income is taxable in the hands of shareholders. Accordingly, Coal India will deduct tax at source (TDS) depending on the category and tax status of the shareholder.

For resident shareholders, TDS will generally be deducted at 10%, subject to specified exemptions and submission of valid documents. In cases where PAN is not furnished or is invalid, TDS may be deducted at 20% under Section 206AA.

For non-resident shareholders, TDS will be deducted at 20% (plus applicable surcharge and cess) under Sections 195/196D, or at the applicable rate under a Double Taxation Avoidance Agreement (DTAA), subject to submission of prescribed documents including PAN, Tax Residency Certificate (TRC), Form 10F and self-declaration.

In certain cases, including notified sovereign wealth funds and pension funds under Section 10(23FE), NIL withholding may apply upon submission of requisite declarations and documentation.

The company has opened its tax portal for submission of relevant documents from Friday, 13 February 2026 to Friday, 20 February 2026 (cut-off date) to enable appropriate tax deduction.

Impact on Shareholders

The interim dividend of ₹5.50 per share will be paid to shareholders whose names appear in the records as on 18 February 2026.

Dividend will be credited directly to shareholders’ bank accounts registered with their depository participants or with the company’s registrar and share transfer agent. Shareholders holding shares in physical form have been advised to update their bank details and PAN information to avoid higher tax deductions.

TDS, where applicable, will be deducted at the time of payment based on the shareholder category and documentation submitted before the cut-off date.

Market Snapshot & Share Price Effect

Shares of Coal India Limited were trading lower on Tuesday following the interim dividend announcement.

As of 10:16 AM IST on 18 February 2026, the stock was trading at ₹415.50 on the NSE, down ₹6.05 or 1.44% from the previous close of ₹421.55.

The stock opened at ₹418.45 and touched a high of ₹418.50 and a low of ₹413.10 so far during the session.

Coal India’s market capitalisation stood at approximately ₹2.56 lakh crore, with a price-to-earnings (P/E) ratio of 8.58. The stock has a 52-week high of ₹461.55 and a 52-week low of ₹352.40. The indicated dividend yield stood at 6.35%, with a quarterly dividend amount of ₹6.60.

Source: https://www.bseindia.com/xml-data/corpfiling/AttachHis/685a41e5-f78a-4197-a641-b5c81293fc4c.pdf