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Coal India gets nod to list two subsidiaries

24 Dec 2025 Evaluate

Coal India has secured in-principle approval from its Board to list its wholly owned subsidiaries -- Mahanadi Coalfields (MCL) and South Eastern Coalfields (SECL). Earlier, the Ministry of Coal had advised the company to take concrete steps to ensure further listing of said subsidiaries in the upcoming financial year.

Coal India is the world’s largest coal mining company. It also produces non-coking coal and coking coal of various grades for diverse applications.

Peers
Company Name CMP
Coal India 397.75
NMDC 66.30
Ashapura Minechem 419.95
Sandur Manganese 156.65
GMDC 424.55
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