The IPO is entirely an OFS, through which Coal India is divesting a 10% stake in the company. Following the listing, Coal India’s stake will reduce to 90%, which remains well above the minimum public shareholding requirement.
The IPO is entirely an OFS, through which Coal India is divesting a 10% stake in the company. Following the listing, Coal India’s stake will reduce to 90%, which remains well above the minimum public shareholding requirement.