Coal India Limited has disclosed the sale of equity shares by its promoter, the Ministry of Coal, Government of India. The transaction involved 123,279,566 equity shares, representing approximately 2.01% of the total paid-up capital. This sale, executed via an ‘Offer for Sale’ on the NSE and BSE, occurred between May 27, 2026, and May 29, 2026, with the trade executed on June 01, 2026.
Promoter Equity Share Disposal
Coal India Limited has formally announced the disposal of equity shares by its promoter, the Ministry of Coal, Government of India. This disclosure aligns with the requirements of SEBI (Prohibition of Insider Trading) Regulations, 2015. The promoter has sold 123,279,566 equity shares, which constitutes approximately 2.01% of the company’s total paid-up share capital.
Transaction Details
The shares were sold through an ‘Offer for Sale’ mechanism. The transaction period for the acquisition/disposal of these shares spanned from May 27, 2026, to May 29, 2026. The actual execution of the trade on the stock exchanges took place on June 01, 2026. This disposal reduces the promoter’s holding from 63.13% to 61.13%.
Post-Transaction Holding
Following the sale, the promoter, President of India, acting through the Ministry of Coal, Government of India, now holds 3,767,456,372 equity shares. This represents 61.13% of the total equity share capital of Coal India Limited. The company’s ISIN remains INE522F01014.
Source: BSE
