
Subsidiaries30 March 2026 at 12:11 pm
Coal India Ltd Reduces Stake in Central Mine Planning & Design Institute Limited
AI Summary
Coal India Ltd has sold 107,100,000 Equity Shares of Central Mine Planning & Design Institute Limited at ₹172.00 per share in its IPO. Post the sale, Coal India Ltd's shareholding in Central Mine Planning & Design Institute Limited has reduced from 100% to 85%. This change has resulted in Central Mine Planning & Design Institute Limited ceasing to be a wholly-owned subsidiary of Coal India Ltd, but it continues to remain a subsidiary. This disclosure is made for the purpose of disseminating material information and complying with regulatory requirements as per Regulation 30 of the SEBI (LODR) Regulations 2015.
Key Highlights
- Coal India Ltd sells 107,100,000 Equity Shares of Central Mine Planning & Design Institute Limited at ₹172.00 per share.
- Coal India Ltd's shareholding in Central Mine Planning & Design Institute Limited reduces from 100% to 85%.
- Central Mine Planning & Design Institute Limited ceases to be a wholly-owned subsidiary of Coal India Ltd.
- Central Mine Planning & Design Institute Limited continues to remain a subsidiary of Coal India Ltd.
- Disclosure made for material information dissemination and regulatory compliance.
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