Overview
- The Prime Minister’s Office has instructed the coal ministry to map and list every Coal India subsidiary by 2030, according to reports citing sources.
- Bharat Coking Coal Ltd and Central Mine Planning & Design Institute Ltd are targeted to list by March 2026 after DRHP filings and roadshows, pending SEBI approvals and market conditions.
- Coal India’s board has cleared steps to list South Eastern Coalfields and Mahanadi Coalfields following a coal ministry directive to initiate action in the next financial year.
- The BCCL draft prospectus provides for an offer for sale of up to 465.7 million shares by Coal India, while CMPDI is pursuing an offer-for-sale-only IPO.
- Coal India is maintaining a production goal of 875 million tonnes for the current financial year as the listings progress.