Apr 07, 2012, 11.39 AM | Source: CNBC-TV18
Coal India chairman and managing director Zohra Chatterji told CNBC-TV18 that the FSA document was being vetted and would be signed as soon as possible
“The FSA document has been discussed in the board meeting. It is under legal vetting. It will be placed before the board again and then it will be signed as soon as possible, ” said Coal India chairman and managing director Zohra Chatterji to CNBC-TV18.
Coal India has sought the opinion of the Department of Public Enterprises (DPE) before it acts on the Presidential directive. The DPE is expected to send in its comments later on Wednesday evening.
Top on the agenda at the Coal India board meeting is the discussion on penalty, the clause of force majeure and the ‘deemed delivery’ clauses.
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Coal India stock price
On June 24, 2016, Coal India closed at Rs 311.45, down Rs 6, or 1.89 percent. The 52-week high of the share was Rs 447.25 and the 52-week low was Rs 272.05.
The company's trailing 12-month (TTM) EPS was at Rs 25.87 per share as per the quarter ended March 2016. The stock's price-to-earnings (P/E) ratio was 12.04. The latest book value of the company is Rs 52.37 per share. At current value, the price-to-book value of the company is 5.95.
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The secretary further said at present there are no