Coal India to gain over Rs 600cr from BCCL public offer at upper price band https://www.taxtmi.com/news?id=66622 Coal India will sell a 10% stake in BCCL through a 100% offer for sale at an IPO price band of Rs 21-23 per share; with a Rs 10 acquisition cost, Coal India stands to receive gross proceeds of about Rs 1,071 crore at the upper band and a net gain near Rs 605 crore. As an offer for sale, the proceeds accrue to Coal India and BCCL will not receive IPO funds. en-us Tue, 06 Jan 2026 20:16:02 +0530 Tue, 06 Jan 2026 20:16:03 +0530 TaxTMI RSS Generator Coal India to gain over Rs 600cr from BCCL public offer at upper price band https://www.taxtmi.com/news?id=66622 Coal India will sell a 10% stake in BCCL through a 100% offer for sale at an IPO price band of Rs 21-23 per share; with a Rs 10 acquisition cost, Coal India stands to receive gross proceeds of about Rs 1,071 crore at the upper band and a net gain near Rs 605 crore. As an offer for sale, the proceeds accrue to Coal India and BCCL will not receive IPO funds. News - Tue, 06 Jan 2026 20:16:02 +0530 https://www.taxtmi.com/news?id=66622