Coal India Shares Soar 6.5% as Foreign Buyers Get Direct E-Auction Access

• Coal India shares surged 6.5% after the company allowed direct foreign participation in its e-auctions.
• Effective January 1, 2026, CIL permits coal consumers from Bangladesh, Bhutan, and Nepal to directly participate in SWMA auctions.
• The move aims to enhance transparency, competition, global market integration, and boost CIL's margins amid tepid domestic demand.
• Foreign buyers can now bid directly, bypassing domestic traders, with provisions for registration, digital bidding, and advance electronic payments.
• Payment rules: Nepal can pay in INR/US Dollar; Bangladesh and Bhutan must pay in US Dollars (INR-based valuation) as per FEMA.

Why It Matters: CIL's new policy allowing direct foreign e-auction participation boosts shares and market integration.