Coal India opens window for physical share transfers, mandates e-dividend payments

Coal India Limited (CIL) has introduced a special six-month window for shareholders to re-lodge transfer requests for physical shares, effective from July 7, 2025, to January 6, 2026. This window specifically targets transfer deeds lodged before April 1, 2019, that were rejected, returned, or remain unprocessed due to documentary or procedural discrepancies. Shareholders who missed the previous March 31, 2021, deadline are encouraged to submit the necessary documents to CIL's Registrar and Transfer Agent, Alankit Assignments Limited, at their Delhi address. This measure aligns with SEBI Circular No. SEBI/HO/MIRSD/MIRSD-POD/P/CIR/2025/17, dated July 2, 2025.

In a related development, CIL has announced that all dividend payments will now be made electronically through RBI-approved methods, eliminating physical dividend instruments like warrants, checks, or demand drafts. This change follows the removal of existing provisos to Regulation 12 of the SEBI (Listing Obligations and Disclosure Requirements) (5th Amendment) Regulations, 2025, dated November 18, 2025. Shareholders are urged to update their KYC details in their demat accounts to facilitate direct dividend transfers to their bank accounts. These announcements were published in "Financial Express" (English) and "BARTAMAN" (Bengali) on December 5, 2025.