Centre Plans Coal India Stake Sale Via OFS Worth Rs 100 bn

11 May 2026 CW Team

Centre plans to divest three to four per cent in state-run miner Coal India via an offer-for-sale route in a sale worth Rs 100 billion (Rs 100 bn), CNBC-TV18 reported on Thursday. The report added the government planned to price the offer at an attractive discount to prevailing market levels to encourage institutional participation. The proposed divestment would form part of ongoing efforts to monetise public assets. Officials were monitoring pricing and timing to balance government receipts and market stability.

Coal India said it had not received any communication from the government regarding any potential OFS, and a response from the Department of Investment and Public Asset Management was awaited. At the end of the March quarter the government held 63.1 per cent in Coal India, while mutual funds held 9.5 per cent and Life Insurance Corporation of India had about 11.05 per cent as one of the largest institutional shareholders.

Foreign portfolio investors accounted for 8.38 per cent, with retail investors numbering 2.53 million (mn) and holding about 3.82 per cent of the company. The retail category referred to those with authorised share capital of up to Rs 0.2 million (Rs 0.2 mn). The shareholding mix indicated diverse institutional and retail participation ahead of any sale and could influence demand dynamics for the offer.

Shares of Coal India traded two per cent lower after the media report at Rs 460.1 before closing at Rs 466.40, and the stock has risen 22 per cent over the past 12 months. Market participants would watch pricing, demand and allotment to different investor categories if the government proceeded. Analysts suggested that subscription levels from domestic institutions would shape allotment and final pricing.

Products

19 Jun 2026

REHAU Opens Interior Solutions Experience Centre in Gurgaon

REHAU Kitchen has partnered with Third Space Collective to launch a new experience centre in Gurgaon, strengthening its presence in India's growing premium interiors market.Spread across 3,400 sq. ft., the facility showcases a range of interior applications including kitchens, wardrobes, TV units, bar units and storage solutions, offering homeowners, architects and interior designers an opportunity to explore engineered interior products and material innovations under one roof.The collaboration is aimed at making advanced interior solutions more accessible while addressing growing consumer dem..

Sky City Mall Marks Father's Day with Digital Film

Sky City Mall, Oberoi Realty's newest retail destination, has launched a Father's Day digital film that celebrates the bond between fathers and their children while highlighting the evolving role of malls as experience-led destinations.The campaign reflects the growing importance of retail destinations as spaces where shopping, dining, entertainment and social interactions come together to create memorable experiences for families. Through the film, Sky City Mall positions itself as a venue for meaningful moments and celebrations beyond traditional retail activity.The narrative follows a fathe..

YKK India to Set Up Manufacturing Facility at Origins Chennai

Mahindra Industrial Park Chennai Limited (MIPCL), a joint venture between Mahindra World City Developers and Sumitomo Corporation of Japan, has announced that YKK India will establish a new manufacturing facility at Origins by Mahindra, Chennai.According to YKK India, the proposed facility will be its third manufacturing plant in the country and will span approximately 149,936 sq. m. The company plans to invest US$150 million in the project, which is expected to be completed by February 2028.YKK India, a manufacturer of fastening products serving the apparel, textile and industrial sectors, wi..