Coal India Ltd (CIL), the leading miner of the country has received its shareholders approval for buyback of 10.89 crore shares worth Rs 3,650 crore.

CIL has said in a BSE filing that its shareholders have given approval for buyback of equity shares of 10.89 crores at Rs 335 a share.

The approval for the buyback of Rs 3,650 worth shares has been sought through a postal ballot.

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