Mumbai:
Shares of state-owned Coal India Ltd (CIL) fell over 6 per cent in early trade on Wednesday as the government’s offer for sale (OFS) of up to a 2 per cent stake opened for subscription for non-retail investors. The OFS for retail investors will open on May 29, 2026.
The sale of up to a 2 per cent stake, or about 12.32 crore shares, at Rs 412 apiece would fetch about Rs 5,000 crore for the exchequer.
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(This article is for informational purposes only and should not be construed as investment, financial, or other advice.)
