The Prime Minister's Office has issued a directive to the coal ministry requiring the mapping and listing of all subsidiaries of state-run Coal India by 2030, according to sources. This strategic move aims to improve governance and accountability across India's largest coal producer, which contributes more than 80% of the country's domestic coal output.

Strategic Objectives Behind The Listing Initiative

The comprehensive listing plan is designed to streamline oversight, enhance transparency, and unlock value through asset monetisation. Coal India's dominant position in India's coal sector makes this initiative particularly significant for the country's energy infrastructure and governance reforms.

Coal India's Subsidiary Structure

Coal India operates through eight key subsidiaries that form the backbone of India's coal production network:

Immediate Listing Timeline

Two subsidiaries are positioned for near-term market debut with comprehensive preparation already completed:

Sources confirm that domestic and international roadshows for Bharat Coking Coal Ltd have concluded successfully, with the listing process progressing without delays.

Recent Board Approvals And Regulatory Filings

In a recent regulatory filing, Coal India announced board approval for listing South Eastern Coalfields Ltd and Mahanadi Coalfields Ltd. This decision follows a specific directive from the Ministry of Coal requiring the company to initiate concrete steps for listing these subsidiaries within the next financial year.

Bharat Coking Coal Ltd has filed its draft red herring prospectus with the Securities and Exchange Board of India for an initial public offering. The filing relates to an offer for sale of up to 46.57 crore equity shares, subject to regulatory approvals and market conditions. Similarly, Central Mine Planning and Design Institute Ltd has submitted its draft prospectus with the market regulator for an IPO through the offer-for-sale route.

Production Targets And Market Position

Coal India is targeting coal production of 875 million tonnes in the current financial year, reinforcing its position as the country's primary coal producer. The systematic listing of subsidiaries is expected to provide greater visibility into individual operational performance and create additional avenues for capital market participation in India's coal sector.

Coal India Limited has announced a key senior management appointment, naming Shri Chandra Prakash Garg as Executive Director (Safety & Rescue) effective December 26, 2025. The appointment was disclosed under Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements) Regulations 2015, highlighting the strategic importance of this leadership position.

Leadership Appointment Details

The appointment represents a promotion for Garg within the Coal India organization, positioning him one level below the Board of Directors. This senior management role underscores the company's commitment to strengthening its safety and rescue operations leadership.

Professional Background and Expertise

Garg brings extensive experience to his new role, with a career spanning approximately 35 years in the coal mining industry. His professional journey began in 1990 when he joined Coal India Limited immediately after completing his education.

Educational and Professional Credentials

• Education: Bachelor of Engineering (BE) in Mining Engineering from MBM Engineering College, Jodhpur (1990)
• Career Start: Joined Coal India Limited in 1990
• Industry Experience: 35 years in various capacities within the organization
• Specialized Training: Safety Management certification from SIMTARS Australia

Strategic Significance

The appointment of an Executive Director specifically focused on Safety & Rescue operations reflects Coal India's emphasis on operational safety and emergency preparedness. Garg's specialized expertise in Safety Management, backed by international certification from SIMTARS Australia, positions him well to lead these critical functions.

His extensive tenure with Coal India Limited, having worked in various capacities over three and a half decades, provides him with comprehensive understanding of the company's operations and safety challenges. This internal promotion demonstrates the company's commitment to developing and advancing experienced professionals within the organization.

The disclosure was made in compliance with SEBI regulations and SEBI Circular No. SEBI/HO/CFD/PoD2/CIR/P/0155 dated November 11, 2024, ensuring transparency in senior management appointments for stakeholders and regulatory authorities.