Draft cabinet note issued for listing of 25 per cent shares of BCCL

The Ministry of Coal (MoC) has floated a draft cabinet note seeking inter-ministerial views on the proposal to list 25 per cent shares of Coal India Limited’s arm Bharat Coking Coal Limited (BCCL).

In May 2022, CIL had informed that it is planning to divest 25 per cent stake in its unlisted arm BCCL and will go for the subsequent listing of the subsidiary on stock exchanges after obtaining further clearances.

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