Coal India Plans Up to 25% Stake Sale in Subsidiaries via OFS
News by Aliceblue News Desk
24 Mar 2026
Introduction:
Leading Maharatna coal mining company announced board approval for disinvestment of a major subsidiary through an offer for sale and fresh equity issuance via the IPO route in domestic markets.
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Share Price Movement Of Coal India Ltd
On March 24, 2026, Coal India Ltd opened at ₹463.85, up 1.86% from its previous close of ₹455.40. The stock reached a high of ₹463.85 (1.86%) and a low of ₹439.00. By 4:00 PM, it traded at ₹444.84, a -2.32% change, with a market cap of ₹2,72,485.03 crore.
SECL Disinvestment Approved
The board of Coal India Limited at its meeting on March 23, 2026 approved in-principle divestment of up to 25% of equity shares held by CIL in South Eastern Coalfields Limited (SECL) through Offer for Sale. The board also approved issuance of fresh equity shares of SECL aggregating up to 10% of post-issue paid-up equity share capital.
The divestment and fresh issue will be carried out in one or more tranches through Initial Public Offer and/or other permissible market routes in the domestic market. The transaction will comply with SEBI ICDR Regulations, 2018 and Securities Contracts Regulation Rules, 1957.
CIL had earlier accorded in-principle approval for listing of SECL through a circular resolution dated December 23, 2025. The approval will be communicated to the Ministry of Coal for onward submission to DIPAM. The proposed listing remains subject to regulatory approvals and completion of necessary formalities.
Stock performance of Coal India Ltd for Period of 1 week, 6 months, and 1 year
Coal India Ltd delivered a 1-week return of -1.51%, a 6-month return of 16.0%, and a 1-year return of 12.1%.
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Shareholding pattern of Coal India Ltd
| Particulars | Dec 2025 | Sep 2025 | Jun 2025 |
| Promoter | 63.10% | 63.10% | 63.10% |
| FII | 8.20% | 8.00% | 8.20% |
| DII | 22.70% | 22.90% | 22.80% |
| Public | 6.00% | 6.00% | 5.90% |
About Coal India Ltd
Coal India Ltd (NSE: COALINDIA) is a Maharatna company under the Ministry of Coal, engaged in coal mining and production, serving power, steel, cement, and fertilizer sectors across India.
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Disclaimer: The above article is written for educational purposes, and the companies’ data mentioned in the article may change with respect to time. The securities quoted are exemplary and are not recommendatory.
FAQs
Q: Why is Coal India Ltd share price in focus today?
A: Coal India Ltd board approved up to 25% stake sale in subsidiary South Eastern Coalfields Limited through OFS along with a 10% fresh equity issue via IPO.
Q: What is Coal India Ltd’s main business focus?
A: Coal India Ltd is a Maharatna government company engaged in coal mining, production, and washery operations, primarily serving the power and steel sectors.
Q: What are the 52-week high and low of Coal India Ltd stock?
A: Coal India Ltd’s 52-week high is ₹476 and 52-week low is ₹350 on the NSE.
News Author
Aliceblue News Desk
