Coal India clears listing of SECL, steps up plans to monetise assets

Tue, 23 Dec 2025 23:34:17 +0530

Decks have been cleared for the stock market debut of South Eastern Coalfields Ltd (SECL) a wholly owned subsidiary of mining major Coal India Ltd (CIL) with the latter's board of directors according in-principle approval for the listing.
In a regulatory filing to the exchanges on Tuesday, Coal India said its board of directors have given the go-ahead for SECL to get listed.
The decision follows a specific directive from the Ministry of Coal to CIL to initiate concrete steps to ensure the listing of two of its primary subsidiaries Mahanadi Coalfields Ltd (MCL) and SECL, within the next financial year.
The move is part of the central government's broader strategy to unlock value in high-performing PSUs, and enhance corporate transparency through public participation.
Bharat Coking Coal Ltd (BCCL) and the Central Mine Planning and Design Institute (CMPDI) are being considered for listing. BCCL had received formal approval from the Securities and Exchange Board of India (SEBI) in t