SEBI Approves Mahanadi Coalfields IPO; Coal India to Sell 10% Stake
India’s markets regulator approved the IPO of Coal India unit Mahanadi Coalfields. Coal India plans to sell a 10% stake.
India's capital markets regulator has approved state-run miner Coal India's unit Mahanadi Coalfields' IPO, in what is expected to be one of India's biggest offerings this year.Here are some key details:* Earlier in September, draft papers filed with the markets regulator showed the parent Coal…