Coal India Ltd.

The government has received Rs 4,185 crore through a 3 per cent stake sale in Coal India (CIL). The holding of the government has come down to 63.13 per cent in the coal producer after the offer-for-sale (OFS). The government last week sold three per cent stake in CIL and the issue was oversubscribed by both retail and institutional investors.

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.