Coal India Limited (CIL) has addressed concerns regarding a significant increase in its equity share volume across exchanges. The company affirmed adherence to disclosure requirements, citing a previous filing on January 3, 2026, related to the Red Herring Prospectus (RHP) of Bharat Coking Coal Limited (BCCL), a wholly-owned subsidiary, as a contributing factor. CIL commits to ongoing compliance and timely disclosure of material information.
Response to Volume Surge
Coal India Limited (CIL) has responded to inquiries regarding the recent surge in trading volume of its equity shares. In a statement dated January 5, 2026, the company addressed concerns about the increased activity across various exchanges.
BCCL’s IPO Filing
CIL clarified that it has been consistently fulfilling its disclosure obligations. The company highlighted a previous filing on January 3, 2026, concerning the Red Herring Prospectus (RHP) for the Initial Public Offering (IPO) of its wholly-owned subsidiary, Bharat Coking Coal Limited (BCCL). This filing is seen as a factor influencing the increased trading volume. The proposed IPO involves an offer for sale of up to 465,700,000 equity shares by Coal India Limited.
Commitment to Disclosure
CIL reiterated its commitment to adhering to all applicable disclosure requirements. The company affirmed that it will continue to promptly inform the exchanges of any material events or information as they arise, ensuring transparency and compliance.
Source: BSE
