COALINDIANSECoal India Limited· MiningMediumNeutral
Announced Mon, 1 Jun · 11:26 IST

Coal India Limited has informed the Exchange regarding Cessation of Mr Goutam Banerjee as Executive Director (HR) of the company w.e.f. Jun 01, 2026.

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COALINDIA · price

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▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.

Price reaction · full curve 14 horizons · vs prior close
+2.8%1-day move
₹458.30
prior close
₹472.25
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AI summary

Coal India has informed the stock exchange that Mr Goutam Banerjee will cease to hold the position of Executive Director (Human Resources) with effect from June 1, 2026. No reason for the cessation has been disclosed in the filing. The company has not yet announced a replacement for the role. This is a senior management-level change in the HR function of the company.

Likely market impact

The departure of a senior executive may be viewed as routine transition, but investors should watch for announcement of a successor. Such changes in key management can sometimes lead to short-term uncertainty, though they rarely affect long-term fundamentals of a large PSU like Coal India.