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Coal India files DRHP to sell 10% stake in subsidiary SECL through IPO

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Coal India files DRHP to sell 10% stake in subsidiary SECL through IPO
Photo / Coverage: Business Standard - LatestCredit: Saket Kumar
EXECUTIVE SUMMARY

Coal India plans to sell 66.81 crore shares in subsidiary SECL through an IPO, reducing its holding to 90 per cent. The coal producer reported ₹4,754.59 crore profit in FY26.

Key Takeaways

  • Coal India files DRHP to sell 10% stake in subsidiary SECL through IPO.
  • Coal India plans to sell 66.81 crore shares in subsidiary SECL through an IPO, reducing its holding to 90 per cent.
  • The coal producer reported ₹4,754.59 crore profit in FY26.

Coal India plans to sell 66.81 crore shares in subsidiary SECL through an IPO, reducing its holding to 90 per cent. The coal producer reported ₹4,754.59 crore profit in FY26.

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