coal india disclosed the provisional Single Window Mode Agnostic (SWMA) e-auction sales data for May 2026 and the cumulative period for FY 2026-27 (April-May 2026) to the stock exchanges. The filing, submitted under Regulation 30 of the SEBI (LODR) Regulations 2015, details the quantity of coal offered and allocated across the company and its subsidiary companies.

During May 2026, the total quantity offered by Coal India and its subsidiaries stood at 257.42 lakh tonnes. The quantity allocated against these offers was 84.20 lakh tonnes, resulting in an overall allocation percentage of 33%. The e-auction prices realized during the month showed an average increase of 36% over the Notified Price.

For the cumulative period of FY 2026-27 covering April and May 2026, the total quantity offered aggregated to 562.93 lakh tonnes. The quantity allocated during this two-month period was 201.94 lakh tonnes, maintaining an allocation rate of 36%. The premium over the Notified Price for this period was higher at 45%.

The performance varied across subsidiaries. Northern Coalfields Limited (NCL) and North Eastern Coalfield (NEC) achieved 100% allocation in both the monthly and cumulative periods. South Eastern Coalfields Limited (SECL) recorded the highest allocation among major subsidiaries, with 76% in May and 78% in the FY 2026-27 period.

E-auction Performance Summary

FY 2026-27 (Apr-May) Performance

The Government of India has completed the sale of a 2% stake in Coal India Limited through an Offer for Sale (OFS), reducing the promoter's holding from 63.13% to 61.13%. The divestment, executed by the President of India acting through the Ministry of Coal, involved the sale of 123,279,566 equity shares on the NSE and BSE. The transaction was conducted to comply with SEBI regulations and raise capital for the government.

Transaction Details

The OFS was conducted with a floor price of ₹412 per share. Non-retail investors participated on May 27, 2026, while retail investors and employees bid on May 29, 2026. The total shares sold represent 2.00% of the paid-up equity capital. The gross consideration for the transaction was approximately ₹5,549 crore, excluding taxes, brokerage, and other charges.

Post-Transaction Holdings

Following the sale, the promoter's shareholding has adjusted to 3,767,456,372 equity shares, representing 61.13% of the total paid-up capital. The disclosure was submitted to the exchanges on June 01, 2026, in compliance with Regulation 29(2) of the SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 2011.