Coal India gets mineral concession license from Ministry of Mines

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COALINDIA · price

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Price reactionminutes from the announcement price · days from the prior close

-3.2%Reaction day

₹429.80

prior close

₹421.55

announcement price

In-mkt

timing

Nifty 100market · index membership as recorded later (tracked since Jun 2026)-1.5%-1.7% vs market

Oil Gas & Consumable Fuels peers, median of 38sector · sector level-2.1%-1.1% vs sector

On the reaction day the stock moved 1.7 pts less than Nifty 100 and 1.1 pts less than its Oil Gas & Consumable Fuels peers, over the same two closes: a difference in percentage points, not a measure of what the filing did.

Minutes after the announcementfrom the announcement price · no benchmark

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Reaction day

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Next day

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15d

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UpDownMarket · Nifty 100Sector · Oil Gas & Consumable Fuels peers, median of 38Pending

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AI summary

Coal India has been awarded a Composite License for Grant of Mineral Concession by the Ministry of Mines, Government of India for the Kawalapur REE and RM block covering 398 hectares. The Mining Lease deed is to be executed by the State Government, and the company will become the holder of the Mining Lease within 5 years. The license has been granted under the Mines and Minerals (Development and Regulation) Act, 1957.

Likely market impact

Positive for Coal India as it expands its mineral concession base. Supports long-term mining and rare earth mineral portfolio growth.