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Govt receives Rs 2,638 crore from CIL share buyback

Govt receives Rs 2,638 crore from CIL share buyback

The government has garnered about Rs 2,638 crore from buyback of shares of state-run Coal India Ltd, Parliament has been informed. CIL has bought back “7,88,42,816 shares from Government of India out of the total offer of 10,89,55,223 equity shares @ Rs 335 per equity shares.