Coal India Limited (CIL)
Chairman: Pramod Agrawal
Managing Director: Pramod Agrawal
Secretary: M Vishwanathan
About Coal India Limited (CIL)
Coal India Limited (CIL) is an Indian government-owned coal mining and refining corporation. It is under the ownership of Ministry of Coal, Government of India. It is the largest coal-producing company in the world. It is also the fifth largest employer in India with nearly 272,000 employees.
The stake priced at ₹358 (US$4.80) per share, the sale fetched the government ₹22,557.63 crore (in 2020), making it the largest ever equity offering in the Indian share market.
Revenue: Rs 93,818 Cr
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Equity, typically referred to as shareholders’ equity (or owners’ equity for privately held companies), represents the amount of money that would be returned to a company’s shareholders if all of the assets were liquidated and all of the company’s debt was paid off in the case of liquidation. In the case of acquisition, it is the value of company sales minus any liabilities owed by the company not transferred with the sale.
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