Sebi approves Mahanadi Coalfields IPO as Coal India plans 10% stake sale
FROM THE WIRE · BUSINESS-STANDARD.COM
Earlier in September, draft papers filed with the markets regulator showed the parent Coal India, which is the world's largest coal producer, was selling a 10% stake in Mahanadi Coalfields through IPO
Read at the source ↗MARKET IMPACTNEUTRAL✦ News Impact agent estimateTone: neutralA subsidiary IPO at Coal India is ordinary flow for India's coal sector.AI-generated summary
✦ IN BRIEF · AIAI-generated summary
- 01Sebi approved the Mahanadi Coalfields IPO.
- 02Parent Coal India plans to sell a 10% stake through the IPO.
- 03Coal India is described as the world's largest coal producer.