Team News Riveting
Raipur, May 11
State-run Coal India Limited (CIL) is likely to announce the final dividend (if any) for the financial year 2021-22 (FY22) on May 25 when its board of directors meet.
“Pursuant to Regulation 29 and 33 of the Listing Regulations 2015, notice is hereby given that a meeting of Board of Directors of the company will be held on Wednesday, the 25 May, 2022 inter-alia to consider, a.) Approve and take on record Audited Financial Results of the company (standalone and consolidated) for the fourth quarter and financial year ended March 31, 2022,” the largest coal producing company said in a regulatory filing.
The board will also approve recommendation of Final Dividend if any for 2021-22 to the shareholders of the company, it added.
In November last, the state-run miner had approved interim dividend of Rs 9 per share.