Coal India gets nod for Mahanadi Coalfields listing with up to 25% stake sale via IPO, OFS

The disinvestment and capital raising may be undertaken either simultaneously or separately, in one or more tranches, with the overall limit set at reducing Coal India Ltd’s shareholding in MCL by up to 25%. Shares of Coal India Ltd ended at ₹462.15, up by ₹8.35, or 1.84%, on the BSE today, May 15.

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