Macro Finance
Coal India Said to Plan $1 Billion MCL IPO as Soon as This Month
Bloomberg Markets·November 3, 2026·1 min read
Coal India Ltd. plans to launch an initial public offering of its unit Mahanadi Coalfields Ltd. as early as this month, according to people familiar with the matter. The IPO could raise about $1 billion, marking a significant step for the state-owned miner as it seeks to unlock value from its subsidiaries.
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