Coal India Limited has informed the Exchange regarding Change in Director(s) of the company.
COALINDIA · price
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Awaiting price reaction for this filing.
Coal India informed the exchanges that Shri Asheesh Kumar, who was appointed as Additional Director (Business Development) on 21 August 2025, has ceased to be a director with effect from 28 August 2025, the date of the AGM. The reason given is that his appointment could not be regularised at the AGM. The disclosure has been made under SEBI LODR Regulation 30, along with the SEBI-mandated details in the annexure. The Business Development directorship at the Maharatna PSU is now vacant until a fresh appointment is made. No replacement has been announced in this filing.
The exit leaves the Director (Business Development) seat at Coal India vacant, which may cause short-term uncertainty around that portfolio. As a government-owned Maharatna company, a replacement is likely to be appointed by the Ministry of Coal, but until then, shareholders should watch for further updates on a new appointment.