Coal India may go for 1% buyback

CIL had gone for a major buyback in 2017 when the government garnered about Rs 2,638 crore from it. CIL had bought back 7.8 crore shares from the government out of the total offer of 10.9 crore equity shares for Rs 335 each. Currently, the promoter, the government owns 72.91% of CIL.

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