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via business-standard.comCapital Markets

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

FROM THE WIRE · 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.

Read at the source ↗
MARKET IMPACTNEUTRAL✦ News Impact agent estimateTone: neutralThe listing of a subsidiary reduces Coal India's stake, a relevant but ordinary development for the stock.AI-generated summary
✦ IN BRIEF · AIAI-generated summary
  1. 01Coal India plans to sell 66.81 crore shares in SECL through an IPO.
  2. 02Coal India's holding would fall to 90%.
  3. 03The coal producer reported a profit of ₹4,754.59 crore in FY26.

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