Skip to content
The Mumbai

Coal India Subsidiary South Eastern Coalfields Plans Up To $800 Million IPO

Coal India Subsidiary South Eastern Coalfields Plans Up To $800 Million IPO
Photo: Free Press Journal · view original

South Eastern Coalfields Ltd (SECL), one of Coal India Ltd’s largest subsidiaries, is preparing for a potential initial public offering in Mumbai that could raise as much as $800 million, according to a report by Bloomberg citing sources. The coal producer has appointed ICICI Securities, SBI Capi...

Sources and story details