Coal India Limited (CIL) has received in-principle approval from its Board for the listing of its wholly-owned subsidiary, Mahanadi Coalfields Limited (MCL). This decision follows an advisory from the Ministry of Coal (MoC) on December 16, 2025, urging CIL to take concrete steps for the further listing of its subsidiaries, MCL and South Eastern Coalfields Limited (SECL), in the upcoming financial year. The proposed listing of MCL is contingent upon the completion of various regulatory approvals. CIL will communicate this in-principle approval to the MoC for onward submission to the Department of Investment and Public Asset Management (DIPAM).