02-Sept-2026 10:34:40
COALINDIAIPO
COAL INDIA LTD : MAHANADI COALFIELDS LIMITED (MCL) PROPOSES IPO
• Mahanadi Coalfields Limited (MCL) draft red herring prospectus filed with SEBI, BSE and NSE. • The DRHP filing pertains to the proposed Initial Public Offering ("IPO") of MCL. • Comprising an Offer for Sale of up to 661,836,300 equity shares having a face value of INR 2 each, held by Coal India Limited. • The proposed IPO remains subject to receipt of applicable approvals, prevailing market conditions, and other relevant considerations. • Disclosure made for compliance with Regulation 30 of SEBI (LODR) Regulations 2015. Impact: Neutral (Procedural filing related to a proposed IPO of a subsidiary)
Coal India Limited
Open attachment