Coal India Limited (CIL) has issued a clarification regarding a material price movement in its share price observed on January 12, 2026. This movement followed a news item suggesting that funds from Bharat Coking Coal Limited's (BCCL) IPO would be used for diversification into rare earth metals.

CIL clarified that BCCL has issued an Offer for Sale (OFS), and the entire proceeds from this OFS will accrue directly to Coal India Limited, the holding company. This statement aims to address market speculation and provide accurate information about the financial flows.

The company has formally intimated this clarification to the Bombay Stock Exchange Limited and the National Stock Exchange of India Limited, in compliance with Regulation 30(11) of SEBI (Listing Obligations & Disclosure Requirements) Regulations, 2015.