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Coal India LimitedOthers, 20-05-2025: Rumour Verification - Regulation 30(11)

20-05-2025 | 05:09 pm

Coal India Limited has announced a board meeting. The company confirmed ongoing preparations for IPOs of its subsidiaries CMPDIL and BCCL, including appointing book running lead managers through a tender process and drafting the DRHP. While no confirmation was given on whether recent share price changes relate to this news, these steps indicate a move to unlock value from its subsidiaries, potentially impacting shareholder value once the listings proceed. Further updates will follow after official filings.

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