Coal India Limited — Important, 27-06-2025: General Updates

Coal India has announced a board meeting and plans to subscribe to a rights issue by its joint venture, Talcher Fertilizer Limited, maintaining its 33.33% stake. Talcher Fertilizer focuses on urea production via coal gasification. The investment involves cash subscription for 1,06,75,06,771 equity shares at face value of Rs.10 each. This move supports the revival and expansion of fertilizer capacity linked to Coal India’s core business inputs, potentially diversifying its revenue stream while leveraging existing JV partnerships. No immediate financial impact details were disclosed.