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Coal India Limited — Important, 31-05-2025: General Updates
31-05-2025 | 10:12 pm
31-05-2025 | 10:12 pm
Coal India Limited has announced a board meeting to consider the financial results for the quarter and half-year. Its subsidiary, Bharat Coking Coal Limited (BCCL), has filed a draft red herring prospectus for a proposed IPO, including an offer for sale of up to 46.57 crore shares by Coal India. This move signals a strategic partial divestment of BCCL, aiming to unlock shareholder value pending market conditions and necessary approvals.
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