Govt sells 2% Coal India stake for ₹5,549 crore
The Government of India has successfully divested a 2% stake in Coal India Limited, raising approximately ₹5,549 crore through an Offer for Sale on the NSE and BSE. The transaction, which took place between May 27 and May 29, 2026, reduced the promoter's holding from 63.13% to 61.13%. The sale was conducted in compliance with SEBI regulations, with the Ministry of Coal executing the disposal of 123,279,566 equity shares.
*this image is generated using AI for illustrative purposes only.
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.
| Parameter | Details |
|---|---|
| Seller | President of India, acting through Ministry of Coal |
| Shares Sold | 123,279,566 Equity Shares (2.00%) |
| Pre-sale Holding | 3,890,735,938 Equity Shares (63.13%) |
| Post-sale Holding | 3,767,456,372 Equity Shares (61.13%) |
| Gross Consideration | Approx. ₹5,549 crore |
| Sale Dates | May 27, 2026 to May 29, 2026 |
| Exchange | NSE & BSE |
Historical Stock Returns for Coal India
| 1 Day | 5 Days | 1 Month | 6 Months | 1 Year | 5 Years |
|---|---|---|---|---|---|
| -0.15% | +1.14% | -2.34% | +17.13% | +15.61% | +208.27% |
How will the reduction in promoter holding impact Coal India's free float and potential inclusion in global indices?
What are the government's future divestment plans for Coal India given the current 61.13% promoter holding?
How will the raised capital of approximately ₹5,549 crore be allocated by the government?
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