Coal India (CIL) today has declared an interim dividend of INR 27.40 pershare and the total outgo will be INR 20,830 crore, including dividend tax. One of the largest beneficiary will be the central government, which holds 79.64 % and will get a dividend of INR 17,308 crore, a communique said. The government has been able to mobilise a little over INR18,300 crore from divestment this fiscal till February against the target of INR 69,500 crore due to volatility in stock markets.
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