Coal India buyback: All eyes on Monday's board meeting

State-owned CIL announced that its board will meet on Monday to consider and approve buyback of shares of the company. "Board meeting of the company is scheduled on Monday, the February 4, 2019 interalia to consider and approve buyback of the fully paid-up equity shares of the company having a face value of Rs 10 each," Coal India (CIL) said in a BSE filing Wednesday. CIL accounts for over 80 per cent of domestic coal output.