Announced Mon, 1 Jun, 2026 · 17:45 IST
Promoter sells 2% stake in Coal India via OFS
COALINDIA · price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Price reaction · full curve 14 horizons · vs prior close
+0.2%1-day move
₹473.25
prior close
₹469.85
base price
After-mkt
timing
5m10m15m30m1D2D3D4D5D7D15D1M2M3M
-0.1-0.8-0.6-1.1+0.2+1.6-0.3-1.8-1.5-5.8-6.0-7.5-12.1-12.0
Up moveDown movePending
AI summary
The President of India, acting through the Ministry of Coal, sold about 12.33 crore equity shares of Coal India (around 2 percent of paid-up capital) through an Offer for Sale on BSE and NSE from May 27 to May 29, 2026. The base offer of 1 percent with an oversubscription option of another 1 percent was fully subscribed. Promoter holding fell from 63.13 percent to 61.13 percent.
Likely market impact
Government continues divestment; promoter holding drops to 61.13%. Short-term supply overhang but government remains majority owner.