VERIFIEDET Markets·15 May 2026neutral

Mahanadi Coalfields gets govt nod for IPO; Coal India to dilute up to 25% stake

AI Summary

·The government has approved the IPO and disinvestment of Mahanadi Coalfields.
·Coal India plans to dilute up to 25% of its stake in Mahanadi Coalfields.
·This initiative aims to expand investor participation in state-owned enterprises.