Coal India secures approval for Mahanadi Coalfields' IPO via new equity issuance and stake disinvestment through an offer for sale.

The government approved the listing and disinvestment of Mahanadi Coalfields through an IPO, enabling Coal India to dilute up to 25% stake. MCL may raise fresh capital through…

Coal India secures approval for Mahanadi Coalfields' IPO via new equity issuance and stake disinvestment through an offer for sale.