Coal India Ltd: Board recommends Dividend

Coal India Ltd has informed BSE that the Board of Directors of the Company at its meeting held on May 12, 2011, inter alia, have recommended total dividend @ Rs. 3.90 per share, subject to the approval of the shareholders in the ensuing Annual General Meeting, of the face value of Rs. 10/- per share of the Company for the financial year 2010-11 which includes payment of interim dividend of Rs. 3.50 per share.