Govt of India Sells 2% Stake in Coal India via OFS | CIL Share Sale Update June 2026

New Delhi: The Government of India has carried out a fresh stake sale in Coal India Limited through an Offer for Sale (OFS) route, as part of its ongoing disinvestment programme.

The transaction was executed through the stock exchange mechanism in compliance with SEBI takeover regulations and related OFS guidelines issued by market regulators.

Stake Sale Details

According to the regulatory disclosure, the Government, acting through the Ministry of Coal, offered equity shares representing up to 2% stake in Coal India Limited.

The sale was carried out in two tranches:

• T Day (May 27, 2026): Non-retail investors

• T+1 Day (May 29, 2026): Retail investors, employees, and carry-forward bids

An additional oversubscription option was also enabled under the OFS framework.

A small portion of shares was additionally offered to eligible employees under the prescribed guidelines.

Holding Pattern Impact

Before the transaction, the Government held approximately 63.13% stake in Coal India Limited.

After the completion of the OFS:

• Holding reduced to approximately 61.13%

• Shares sold: about 2% of total equity

The company’s total equity share capital remains unchanged.

Regulatory Filing and Compliance

The disclosure was submitted under Regulation 29(2) of the SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 2011, along with relevant stock exchange reporting requirements.

The intimation was filed with both:

• BSE Limited

• National Stock Exchange of India

The transaction followed the OFS framework issued by SEBI and stock exchanges.

About Coal India

Coal India Limited is a Maharatna public sector undertaking and the world’s largest coal producer, operating under the Ministry of Coal, Government of India. It plays a critical role in India’s energy security and coal supply chain.