Mahanadi Coalfields files Red Herring Prospectus for proposed IPO

Coal India announced that the Red Herring Prospectus (RHP) dated 13 November, 2026 of Mahanadi Coalfields (MCL), a wholly owned subsidiary of the company, was filed with RoC, SEBI, BSE and NSE.

The RHP filing pertains to the proposed initial public offering (IPO) of MCL comprising an offer for sale of up to 661,836,300 equity shares by Coal India, which remains subject to receipt of applicable approvals, market conditions, and other relevant considerations.