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Coal India moves closer to unlocking value through subsidiary listings
Coal India has granted in-principle approval to list subsidiaries Mahanadi Coalfields and South Eastern Coalfields, signalling steps toward value unlocking and broader market participation, subject to regulatory and government clearances.
Coal India’s board has given in-principle approval to pursue the listing of two key subsidiaries, Mahanadi Coalfields and South Eastern Coalfields. The decision is aimed at unlocking value from operating units and improving capital market visibility. The proposal will now require further approvals, including from the government, as the company evaluates structure, timing and market conditions for potential public offerings.