It all began as a small issue of a minority shareholder fighting to protect its interests in a company but suddenly it has attracted national interest, hogging headlines in the press. Coal India Ltd (CIL) and corporate governance have been on a head-on collision course. The issue of fuel supply agreement (FSA) and penalties on [...]
Posts Tagged ‘Coal India’
Coal India IPO Listing day: Diwali gift to shareholders
November 5th, 2010
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Stock gains 40% at close Coal India Limited had a stunning debut on the bourses yesterday. The company had a listing ceremony at the BSE and made its debut with an opening price of Rs 287.75, a gain of Rs 42.75 or 17.44%. The opening price on the NSE was Rs 291. The high of [...]
Coal India IPO Listing Morning
November 4th, 2010
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Spectacular debut: sparkling diamond and great Diwali gift to investors Coal India made a spectacular debut today on the bourses and had a fantastic listing on the BSE and NSE today. The company had a listing ceremony at the BSE and the listing price was Rs 287.75. On the NSE the opening price was Rs [...]
