Five Independent Directors Reappointed To Coal India Board
Coal India Ltd. announced the reappointment of five independent directors—Loretta M Vas, Vinod Jain, DC Panigrahi, Khanindra Pathak, SB Agnihotri—to its board.
“The Ministry of Coal reappointed them as independent directors on the board of Coal India for a period of one year with effect from Nov. 17, 2018, or until further orders, whichever is earlier,” the state-owned miner said in a BSE filing.
There are seven independent directors on the board of Coal India with these re-appointments.
Coal India accounts for over 80 percent of the domestic coal output. The company earlier said it was optimistic about an aspirational production target of 652 million tonnes for financial year 2018-19.