Coal India promoter Government of India sells 2% stake via OFS on market

Promoter Stake Sell 1pctOwnership Changes View source PDF Explain this filing

COALINDIA · price

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▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.

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

-0.5%Reaction day

₹473.25

prior close

₹469.85

announcement price

After-mkt

timing

Nifty 100market · index membership as recorded later (tracked since Jun 2026)+0.4%-0.9% vs market

Oil Gas & Consumable Fuels peers, median of 39sector · sector level+0.4%-0.9% vs sector

On the reaction day the stock moved 0.9 pts less than Nifty 100 and 0.9 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

Stock

-0.1

10m

-0.8

15m

-0.6

30m

-1.1

Sessions after the filingfrom the prior close

StockMarketvs marketSectorvs sector

Reaction day

-0.5+0.4-0.9+0.4-0.9

Next day

+0.2+0.1+0.1+0.2-0.0

+1.6+0.1+1.5+1.3+0.3

-0.3+0.0-0.3+0.6-0.9

-1.8-1.2-0.7-0.2-1.6

-1.5-0.5-1.0+0.3-1.8

-5.8-1.2-4.6-1.5-4.2

15d

-6.0+2.1-8.2+2.9-8.9

-7.5+3.4-10.9+1.7-9.2

-12.1+6.1-18.2+1.6-13.7

-12.0+2.7-14.7+6.8-18.8

UpDownMarket · Nifty 100Sector · Oil Gas & Consumable Fuels peers, median of 39Pending

Minute windows have no benchmark: there is no intraday index history to compare against.

AI summary

Government of India, promoter of Coal India, sold 12.33 crore equity shares (about 2% stake) through an Offer for Sale on the market on 29 May 2026 for roughly Rs 5,549 crore gross consideration. Promoter holding dropped from 63.13% to 61.13%. The Government remains the majority promoter and the sale was executed on NSE and BSE.

Likely market impact

Government divested around 2% stake via OFS. Government stays majority promoter at 61.13%. Short-term supply pressure, but stake reduction was anticipated.