Photo: The Economic Times Markets
Business & Finance
Coal India said to plan $1 billion MCL IPO as soon as this month
TL;DR
- Coal India is preparing a $1 billion IPO of its subsidiary Mahanadi Coalfields, potentially launching in late November or early December 2026. The offer will involve a 10% stake sale by the parent, valuing MCL at up to $10 billion.
Short summary
Our full write-up is on its way. For the complete story, read the original report:
Nov 3, 2026 · Updated 11/3/2026, 5:42:36 AM · Reported with: The Economic Times Markets
Sources (1)
NRI Bytes writes its own articles from the reporting below.
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