
New Launch13 Mar 2026, 02:47 pm
Coal India Subsidiary, CMPDIL, Files RHP for Proposed IPO of Up to 107,100,000 Equity Shares
AI Summary
Coal India Limited (CIL) has announced that its wholly owned subsidiary, Central Mine Planning and Design Institute Limited (CMPDIL), has filed a Red Herring Prospectus (RHP) with SEBI. This filing is in connection with the proposed initial public offering (IPO) of CMPDIL, which includes an offer for sale of up to 107,100,000 equity shares by CIL. The IPO is subject to receipt of applicable approvals, market conditions, and other relevant considerations. This disclosure is made for the purpose of dissemination of material information and compliance with regulatory requirements as per Regulation 30 of the SEBI (LODR) Regulations 2015.
Key Highlights
- Coal India's subsidiary, CMPDIL, files RHP for proposed IPO
- IPO includes offer for sale of up to 107,100,000 equity shares by Coal India
- IPO subject to receipt of applicable approvals, market conditions, and other relevant considerations
- Disclosure made for dissemination of material information and compliance with regulatory requirements