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Coal India’s trade unions to go on three-day strike

20 Aug 2013 Evaluate

Coal India’s five major trade unions have decided to go on a three-day strike from September 23. With this initiative, the workers are protesting against the Government’s move to divest shares in the company. These workers are represented by five trade unions, called INTUC, HMS, BMS, AICWF and AITUC.

Meanwhile, the government has already started with the process of disinvestment of its holding in Coal India. Government aims to garner nearly Rs 20,000 crore by selling 10% of its holding but, with the pressure from the unions, it has decided to limit the sale to 5% of the Government’s equity. At present, it owns 90% of the company.

Coal India Share Price

455.70 -0.65 (-0.14%)
11-May-2026 09:47 View Price Chart
Peers
Company Name CMP
Coal India 455.70
NMDC 87.52
GMDC 666.65
Sandur Manganese 239.45
MOIL 310.85
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