Pay scale upgrade of executives, Rs 3,400 Cr impact

Business Updates View source PDF Explain this filing

COALINDIA · price

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

Price reactionminutes from the announcement price · days from the prior close

+2.2%Reaction day

₹421.35

prior close

₹437.00

announcement price

After-mkt

timing

Nifty 100market · index membership as recorded later (tracked since Jun 2026)+2.6%-0.4% vs market

Oil Gas & Consumable Fuels peers, median of 38sector · sector level+1.5%+0.7% vs sector

On the reaction day the stock moved 0.4 pts less than Nifty 100 and 0.7 pts more than its Oil Gas & Consumable Fuels peers, over the same two closes: a difference in percentage points, not a measure of what the filing did.

Minutes after the announcementfrom the announcement price · no benchmark

Stock

-2.5

10m

-2.9

15m

-2.9

30m

-3.4

Sessions after the filingfrom the prior close

StockMarketvs marketSectorvs sector

Reaction day

+2.2+2.6-0.4+1.5+0.7

Next day

+3.0+2.8+0.2+3.2-0.2

+2.7+2.3+0.4+2.4+0.3

+2.5+2.5+0.0+3.3-0.8

+2.4+3.2-0.8+4.6-2.2

+2.1+3.5-1.4+4.8-2.7

-0.5+3.1-3.6+3.3-3.8

15d

+2.4+1.8+0.6+1.5+0.9

+3.0-2.1+5.1-2.9+6.0

+8.8-8.1+16.9-6.4+15.2

+13.9-2.4+16.3+2.8+11.1

UpDownMarket · Nifty 100Sector · Oil Gas & Consumable Fuels peers, median of 38Pending

Minute windows have no benchmark: there is no intraday index history to compare against.

AI summary

Coal India has upgraded the pay scale of its executives (up to mid-level) notionally from 1 January 2017. The financial effect will be paid from 23 August 2023. The total estimated cost of this upgrade for the period up to 31 December 2026 is around Rs 3,400 Crores.

Likely market impact

Higher employee cost of about Rs 3,400 Crores over the period, which could weigh on margins.