Coal India disinvestment: Retail portion subscribed 1.4 times, non retail 3.5 times
At the floor price of 225 a share, the government could get over 4,100 crore02-06-2023
02-06-2023
COAL INDIA LTD. - 533278 - Announcement under Regulation 30 (LODR)-Newspaper Publication
Newspaper publication of Notice of the proposed offer for sale of equity shares of face value of ? 10 each of Coal India Limited (the 'Company') by its 'promoter', the President of India (acting through the Ministry of Coal, Government of India) (the 'Seller') through the stock exchange mechanism02-06-2023
Coal India OFS: Share price dips on last day of subscription. Buy or wait?
Coal India share price extended correction for fifth straight session during early morning deals on Friday02-06-2023
Institutions lap up Coal India shares with bids worth Rs 6,500 crore
Institutional investors lapped up Coal India shares in this fiscal's maiden government stake-sale, with Rs 6,500 crore bids pouring in on the first day of the offer-for-sale. The government had offered over 8.31 crore shares to institutional investors on Thursday under the offer-for-sale (OFS), but received bids for 28.76 crore shares or 3.46 times. At the indicative price of Rs 226.12 a share, the bids of institutional buyers are worth Rs 6,500 crore. "Offer for Sale in CIL received enthusiastic response from non-retail investors today. The issue was subscribed 3.46 times of the base size. The government has decided to exercise the green shoe option. Retail investors get to bid tomorrow," Department of Investment and Public Asset Management Secretary Tuhin Kanta Pandey tweeted. The government currently holds 66.13 per cent in CIL. The stake sale in Coal India will help the government inch towards the Rs 51,000-crore disinvestment target set for the current fiscal. In the two-day01-06-2023
COAL INDIA LTD. - 533278 - Announcement under Regulation 30 (LODR)-Press Release / Media Release
CIL is going to publish a press release with caption 'CIL's output up 9.5% in May 2023 & OBR 35%' in leading newspapers on 01.06.2023 (copy of the press release is enclosed). This is for your information and record as per Regulation 30 of SEBI LoDR' 2015.01-06-2023
COAL INDIA LTD. - 533278 - Provisional Production And Off-Take Performance Of CIL And Subsidiary Companies For The Month Of May'23 And For The Period Apr' 23- May'23
Provisional Production and Off-take Performance of CIL and Subsidiary Companies for the month of May'23 and for the period Apr' 23- May'2301-06-2023
COAL INDIA LTD. - 533278 - Announcement under Regulation 30 (LODR)-Newspaper Publication
In terms of Regulation 30 of the SEBI (LODR) Regulations, 2015, we are enclosing herewith a copy of the newspaper publication of Notice of the proposed offer for sale of equity shares of face value of ? 10 each of Coal India Limited (the 'Company') by its 'promoter', the President of India (acting through the Ministry of Coal, Government of India) (the 'Seller') through the stock exchange mechanism (the 'Notice'). The same has been published in "The Economics Times", "The Financial Express", and "Business Standard" on 1st June, 2023 all editions: This is for your information and records please.01-06-2023
Top Headlines: Adani to raise $3.5 bn, Centre to sell stake in Coal India
Business Standard brings you top news at this hour01-06-2023
Govt to sell up to 3% in Coal India via OFS
The government has proposed to sell up to 9.24 crore shares representing 1.50% of the total paid-up equity as a base offer with an option to additionally sell 9.24 shares or 1.5% of the company equity in the event of oversubscription.01-06-2023