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Coal India Limited Receives Board Approval for SECL Disinvestment Through IPO Route

Coal India Limited Receives Board Approval for SECL Disinvestment Through IPO Route

Coal India Limited has received board approval for SECL disinvestment through OFS of up to 25% equity by CIL and fresh issue of up to 10% shares by SECL via IPO route. The transaction will be executed in domestic market compliance with SEBI regulations, subject to regulatory approvals and completion of necessary formalities.

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