Coal India Clarifies Price Movement, Cites E-Auction Policy Change
Coal India Limited (CIL) has issued an intimation under Regulation 30(11) of SEBI (Listing Obligations & Disclosure Requirements) Regulations, 2015, in response to a material price movement observed i...
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Why is Coal India Limited in the news today?
Coal India Limited (COALINDIA) is in the news due to the announcement is a clarification regarding a price movement and a policy update, neither of which inherently indicates a positive or negative financial impact on the company.
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Coal India Clarifies Price Movement, Cites E-Auction Policy Change
January 2, 2026, 01:58 PM
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Coal India Limited (CIL) has issued an intimation under Regulation 30(11) of SEBI (Listing Obligations & Disclosure Requirements) Regulations, 2015, in response to a material price movement observed in the company's share price on January 2, 2026.
The company clarified that the price movement was likely influenced by a press release filed on the same day, titled “CIL permits direct participation of foreign coal buyers in e-auction”. This policy change allows foreign coal buyers to participate directly in the company's e-auctions.
The intimation was filed by B. P. Dubey, Executive Director (Company Secretary) & Compliance Officer of Coal India Limited.
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