Coal India OFS: Govt to Sell 2% Stake on May 27 & 29, 2026

The President of India, acting through the Ministry of Coal, proposes to sell up to 2% of Coal India Ltd's equity shares through an Offer for Sale (OFS). This includes a base offer size of 1% (61,627,283 shares) and an oversubscription option of another 1% (61,627,283 shares). The OFS will take place on May 27, 2026, for non-retail investors and May 29, 2026, for retail investors and employees. Up to 25,000 equity shares may be offered to eligible employees, with a maximum application value of ₹500,000 per employee. The offer complies with SEBI's OFS guidelines for companies with a market capitalization above ₹1,000 crores.