Coal India Subsidiary SECL Files DRHP for IPO

Coal India Limited (CIL) has announced the filing of the Draft Red Herring Prospectus (DRHP) for its wholly-owned subsidiary, South Eastern Coalfields Limited (SECL), with SEBI, BSE, and NSE. The DRHP, dated November 1, 2026, outlines an Offer for Sale of up to 668,056,100 equity shares of SECL, with a face value of INR 2 each, held by CIL. This proposed Initial Public Offering (IPO) is subject to regulatory approvals, market conditions, and other relevant factors. The filing is a mandatory disclosure under SEBI LODR Regulations, 2015.