Coal India Subsidiaries on Track for IPOs: A Push Towards Public Investment

Coal India is gearing up for the IPOs of two subsidiaries, Bharat Coking Coal Limited (BCCL) and Central Mine Planning and Design Institute (CMPDI). The filings for these IPOs are expected this fiscal year, aiming to attract public and institutional investors. This move follows a government strategy to divest a portion of these state-owned assets, bolstering market participation and financial transparency.