coal india limited

COAL INDIA LIMITED(A Government of India Undertaking)

PRINCIPLES & PRACTICES OF IT ENABLED MANAGEMENT (ASSIGNMENT)

MBA (IT) “A”PRN NO.: 16030141016

NAME: KARTHIK S. KRISHNAN

• Type: State-Owned Enterprise, Public Company.

• Industry: Metals and Mining.

• Founded: 1975

• Headquarters: Kolkata, West Bengal, India.

• Products: Coal, Bituminous.

• Slogan: “We Survive if Nature lives.”

Coal India Limited (CIL) is an Indian state-controlled coal mining company headquartered in Kolkata, West Bengal, India. It is the largest coal producer company in the world and contributes around 82% of the coal production in India. It produced 494.24 Million tonnes of coal during FY 2014–15 and earned a revenue of INR 954.35 billion from sale of coal in the same financial year. As on 14 October 2015, Union Government of India owns 79.65% of the shares in CIL and controls the operations of CIL through Ministry of Coal.

Initial Public Offer (IPO): In October 2010, Government of India offered 10% of the equity shares of CIL (631.6 million equity shares) to public for sale at an offer price of INR 245 per share (at face value of INR 10 per share). The IPO got over-subscribed by 14.17 times. Against an IPO issue size of INR 155 billion (USD 3.5 billion) it received bids for INR 2400 billion crores (USD 53 billion) making it the second highest collections in any IPO in India. On the first day of its listing on the stock market, its shares soared 40% higher than IPO price. With the listing, CIL become the fourth most valued company on the Indian stock exchanges with a market value of INR 2.16 trillion.

CIL was included in the 30-member S&P BSE SENSEX on 8 August 2011. On 17 August 2011, it became the most valuable company in India, with a market capitalisation of INR 2.51 trillion.

On 30 January 2015, in an Offer For Sale (OFS), Government of India sold a further 10% stake in CIL. Priced at INR 358 per share, the sale fetched the government INR 225.5763 billion, making it the largest ever equity offering in the Indian share market.

BOARD OF DIRECTORS

Sr. No. Name Designation Qualification Previous Company1) Suthirtha Bhattacharya Chairman-Managing

DirectorIAS Officer of 1985 (Telangana Cadre) Nizam Sugar Factories,

TRANSCO

2) Chandan Kumar Dey Director (Finance) B.Com Honours in Accountancy, Calcutta University (1978)/ Chartered Accountant

Lovelock & Lewes, Dunlop India Limited, Balmer Lawrie & Co.

3) Nagendra Kumar Director (Technical) B.Tech (Mining) (1980) CCL

4) R. Mohan Das Director (Personnel & Industrial Relations)

Post Graduate Social Work BHEL

5) Shyam Nandan Prasad* Director (Marketing) MBA (Marketing) Central/Western Coalfields (CIL Subsidiaries)

6) A.K.Dubey Additional Secretary IAS Officer (Kerala Cadre) Ministry of Coal, Government of India

7) Loretta Mary Vas Independent Director BA (English), MA (Economics), LLB. Dept. of Economic Affairs, Ministry of Finance.

8) Vinod Jain Independent Director B.Com - Sri Ram College of Commerce (1976), LLB (1979) Apollo Tyres Limited

9) Dr. Prof. D.C.Panigrahi Independent Director B.Tech (Mining) (1984), M.Tech (Mining) (1990), Ph.D Mining Engineering (1994)

Ministry of Mines, Ministry of India.

10) M.Vishwanathan Company Secretary ICSI Indo Asia Finance Limited

11) Dr. S.B.Agnihotri Independent Director IAS Officer (Odisha Cadre) / M.Tech Environmental Science and Engineering IIT Bombay

Odisha Renewable Energy Development Agency, UNICEF.

*Joined in place of B.K.Saxena who retired.

BOARD OF DIRECTORS SHAREHOLDING PATTERNSr. No. Shareholding of Director and KMP Shareholding at the beginning of the year (as on

01-04-2014)Cumulative Shareholding during the Year (2014-2015)

No. of Shares % of total shares of the Company

No. of Shares % of total shares of the Company

1) Suthirtha Bhattacharya

At the beginning of the year Nil Nil Nil Nil

At the end of the year Nil Nil Nil Nil

2) A.K.Dubey

At the beginning of the year Nil Nil Nil Nil

At the end of the year Nil Nil Nil Nil

3) R. Mohan Das

At the beginning of the year Nil Nil Nil Nil

At the end of the year Nil Nil Nil Nil

4) Nagendra Kumar

At the beginning of the year 400 0.00 400 0.00

At the end of the year 400 0.00 400 0.00

Sr. No. Shareholding of Director and KMP Shareholding at the beginning of the year (as on 01-04-2014)

Cumulative Shareholding during the Year (2014-2015)

No. of Shares % of total shares of the Company

No. of Shares % of total shares of the Company

5) B.K.Saxena (Retired w.e.f. February 2, 2016)

At the beginning of the year 300 0.00 300 0.00

At the end of the year 300 0.00 300 0.00

6) Chandan Kumar Dey

At the beginning of the year Nil Nil Nil Nil

At the end of the year Nil Nil Nil Nil

7) M.Vishwanathan

At the beginning of the year 400 0.00 400 0.00

At the end of the year 400 0.00 400 0.00

(As per Annual Report 2015)

THANK YOU!