Coal India Limited has filed its DRHP with SEBI. The government of India plans to divest 10% of the post offer equity of the company through this offer for sale. The issue size would be 63,16,36,440 equity shares with a reservation of 6,31,63,644 equity shares for its employees. Coal India is the world largest producer [...]
Posts Tagged ‘Coal India’
Coal India and Hindustan Copper divestment issues cleared
June 16th, 2010
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The EGOM have cleared the divestment of Coal India and Hindustan Copper. In the case of Coal India it would be a sale by the government of 10% of its equity. The government currently hold 100% of the same. In the case of Hindustan Copper the present holding of the government is 99.59%. They plan [...]
