Coal India files DRHP to sell 10% stake in subsidiary SECL through IPO

· business-standard.com

Coal India plans to sell 66.81 crore shares in subsidiary SECL through an IPO, reducing its holding to 90 per cent. The coal producer reported ₹4,754.59 crore profit in FY26.

Coal India Ltd (CIL) has filed the draft red herring prospectus (DRHP) for the proposed initial public offering (IPO) of its wholly owned subsidiary South Easte...


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