Sensex
71,947.55 profit arw -1,635.67 (-2.22%)
Nifty
22,331.40 profit arw -488.20 (-2.14%)
Nasdaq
18,355.20 profit arw -497.09 (-2.64%)
logo img

GET IN TOUCH

GET IN TOUCH

Refresh Captcha
Equity

As on : 30-Mar-2026
Corporate News
30-Mar-2026     19:24

Coal India reduces stake in Central Mine Planning & Design Institute

Coal India announced that Central Mine Planning & Design Institute, pursuant to its IPO, has sold 107,100,000 equity shares at an offer price of Rs 172.00 per share which were offered for sale by the Company. Central Mine Planning & Design Institute has been listed on BSE and National Stock Exchange of India effective 30 March 2026.

As a result of the above, the Company's shareholding in Central Mine Planning & Design Institute stands reduced from 100% to 85% (i.e., from 714,000,000 equity shares to 606,900,000 Equity Shares) of the issued and paid-up equity share capital of Central Mine Planning & Design Institute.

Consequent to the above, Central Mine Planning & Design Institute ceases to be a wholly-owned subsidiary of the Company. However, it continues to remain a subsidiary of the Company.

Powered by Capital Market - Live News

INDIAN INDICES

Sensex

71,947.55 -1,635.67 (-2.22%)

Nifty

22,331.40 -488.20 (-2.14%)

GLOBAL INDICES

USD

NA

NASDAQ
HANG SENG

24,750.80 -201.09(-0.81%)