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via business-standard.comCapital Markets

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

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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
  1. 01Sebi approved the Mahanadi Coalfields IPO.
  2. 02Parent Coal India plans to sell a 10% stake through the IPO.
  3. 03Coal India is described as the world's largest coal producer.

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Breaking live stories come from third-party newswires via feed; headline and summary belong to the stated source. Impact analysis: UCapital AI · News Impact.

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