https://www.taxtmi.com/news?id=67732 BCCL's IPO was rapidly and overwhelmingly subscribed, prompting Coal India to pursue subsidiary listings subject to market valuation and timing. CMPDI has filed a draft red herring prospectus for an offer for sale of up to 7.14 crore shares (a 10% stake divestment), and CIL has granted in-principle approval for listings of Mahanadi Coalfields Ltd and South Eastern Coalfields Ltd, with listings targeted in the 2026-27 financial year; ministerial directive, board approval, offer-for-sale structure, and market conditions are central to the divestment process. en-us Sun, 18 Jan 2026 12:46:03 +0530 Sun, 18 Jan 2026 12:46:03 +0530 TaxTMI RSS Generator https://www.taxtmi.com/news?id=67732 BCCL's IPO was rapidly and overwhelmingly subscribed, prompting Coal India to pursue subsidiary listings subject to market valuation and timing. CMPDI has filed a draft red herring prospectus for an offer for sale of up to 7.14 crore shares (a 10% stake divestment), and CIL has granted in-principle approval for listings of Mahanadi Coalfields Ltd and South Eastern Coalfields Ltd, with listings targeted in the 2026-27 financial year; ministerial directive, board approval, offer-for-sale structure, and market conditions are central to the divestment process. News - Sun, 18 Jan 2026 12:46:03 +0530 https://www.taxtmi.com/news?id=67732