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via thehindubusinessline.comCapital Markets

SEBI approves Mahanadi Coalfields IPO; Coal India to sell stake

FROM THE WIRE · THEHINDUBUSINESSLINE.COM

SEBI approves Mahanadi Coalfields IPO, through which Coal India plans to sell a 10% stake in its subsidiary in one of India's biggest offerings this year.

Read at the source ↗
MARKET IMPACTNEUTRAL✦ News Impact agent estimateTone: neutralAn IPO of a Coal India subsidiary is among the largest offerings in India this year.AI-generated summary
✦ IN BRIEF · AIAI-generated summary
  1. 01SEBI approved the Mahanadi Coalfields IPO.
  2. 02Coal India plans to sell a 10% stake in its subsidiary.
  3. 03It is described as one of India's biggest offerings this year.

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