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#2
21st December 2015, 11:10 AM
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| Re: Executive Summary of Coal India Limited
Coal India Limited (CIL) is an Indian state-controlled coal mining company headquartered in Kolkata, West Bengal, India. The company was established in 1975. The Central Government of India did a nationalization of coal industry in the 1970s. It is the largest coal producer company in the world and contributes around 82% of the coal production in India. It produced 494.24 Million tunes of coal during FY 2014–15 and earned a revenue of INR 954.35 billion from sale of coal in the same financial year. Shareholders (as on 30-January-2015) Shareholding Government of India 79.65% Foreign Institutional Investors (FII) 9.04% Domestic Institutions 01.28% Non-Institutions 2.86% Total 100.0% CIL Executive Summary    |