South Eastern Coalfields files DRHP with SEBI for IPO; Coal India to offload 66.8 crore shares

Coal India subsidiary South Eastern Coalfields has filed its draft papers with SEBI for an IPO comprising an offer for sale of up to 66.81 crore shares. One of India’s largest coal producers, SECL reported higher revenue and profit and plans to list on the BSE and NSE.

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