Coal India board approves up to 35% divestment in SECL via OFS and up to 25% in Mahanadi Coalfields
Coal India Limited’s board on Monday gave an in-principle approval to divest up to 35% stake in its subsidiary South Eastern Coalfields Limited (SECL). The board also approved up to a 25% stake sale in another wholly-owned subsidiary Mahanadi Coalfields Limited (MCL). In a meeting held today, the board approved the divestment of up to…