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Firm Matters

Ministry of Coal, Government of India - Coal India Limited - Offer for Sale

  • 01-Jun-2026

Khaitan & Co advised the seller, the President of India (acting through the Ministry of Coal, Government of India), on the offer for sale of 123,279,566 equity shares of Coal India Ltd through the stock exchange mechanism, aggregating approximately INR 5,549 Crores.

Axis Capital Ltd, ICICI Securities Ltd, JM Financial Institutional Securities Ltd, Kotak Securities Ltd and SBICAP Securities Ltd acted as brokers to the offer.

Deal Team

Ministry of Coal

The core team consisted of Madhur Kohli (Partner) and Avinash Gautam (Senior Associate).