Overview
- Plans call for mapping and listing all eight Coal India subsidiaries under a phased program running to 2030, according to multiple reports citing government sources.
- Bharat Coking Coal Ltd and Central Mine Planning & Design Institute Ltd have filed draft prospectuses with SEBI and are being positioned for market debuts by March 2026, subject to regulatory clearance and market conditions.
- Roadshows for Bharat Coking Coal Ltd are complete and the IPO process is described as progressing without delays, sources said.
- Coal India disclosed that its board has approved initiating listings for Mahanadi Coalfields Ltd and South Eastern Coalfields Ltd in the next financial year following a ministry directive.
- Coal India, which produces over 80% of India’s coal, is targeting 875 million tonnes of output this fiscal as the listings push advances alongside operational and financial pressures reported in recent results.