Coal India Said to Plan $1 Billion MCL IPO as Soon as This Month

Coal India Ltd. is preparing to launch an initial public offering of its subsidiary Mahanadi Coalfields Ltd., according to people familiar with the matter. The IPO could occur as early as the current month. No named official has publicly confirmed the timeline or valuation.

• Bloomberg — Coal India Said to Plan $1 Billion MCL IPO as Soon as This Month

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