Coal India will sell a 10% stake in Mahanadi Coalfields through an IPO, with up to 661.8 million existing shares offered by the parent.
The Odisha-based coal producer accounted for more than a fifth of India’s domestic coal output during the fiscal year ended March 2026.
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Coal India, the world's
largest coal producer, is selling a 10% stake in Mahanadi
Mahanadi Coalfields has filed its DRHP for an IPO comprising an OFS of up to 66.18 crore shares by promoter Coal India. The…
Mahanadi Coalfields files for an IPO with SEBI, while Coal India plans to divest a 10% stake in the subsidiary.
The government approved the listing and disinvestment of Mahanadi Coalfields through an IPO, enabling Coal India to dilute up to…
Coal India secures approval for Mahanadi Coalfields' IPO via new equity issuance and stake disinvestment through an offer for…
Chairman B Sairam said both subsidiary IPOs are planned by year-end, with the exact timing dependent on market conditions and…
Key companies like Coal India, Zee, IMFA, Tata Elxsi, Saatvik, and GPT Infraprojects are in focus this Wednesday.
