Coal India to Divest Remaining 15% BCCL Stake, CMPDI IPO by March

• Coal India plans to sell its remaining 15% stake in Bharat Coking Coal Limited (BCCL) within six months, following a successful 10% divestment.
• The company aims to list more subsidiaries to unlock value from its coking and non-coking coal assets.
• Investor roadshows for Central Mine Planning and Design Institute (CMPDI) will begin in February, targeting an IPO by March, with an initial 10-15% stake divestment.
• BCCL, a major coking coal producer, reported an annual profit of Rs 1,240.19 crore in FY25.
• Coal India also plans to divest 25% stakes in Mahanadi Coalfields and South Eastern Coalfields, aiming to list all subsidiaries by 2030.

Why It Matters: Coal India accelerates divestment strategy, selling remaining BCCL stake and launching CMPDI IPO soon.