Coal India Files Draft Prospectus for SECL IPO, Plans 10% Stake Sale
The proposed offer for sale involves 66.81 crore shares, with all proceeds accruing to Coal India.
The proposed offer for sale involves 66.81 crore shares, with proceeds accruing entirely to Coal India as its holding in SECL falls to 90 per centCoal India (CIL) has filed the draft red herring prospectus (DRHP) for the proposed initial public offering (IPO) of its wholly-owned subsidiary South Ea…