Government sells 10% of Coal India

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The Department of Disinvestment has divested a 10% stake in Coal India through an offer for sale on the BSE (Bombay Stock Exchange) and the National Stock Exchange of 315.8 million shares, with an option to sell up to 315.8 million more shares. The government generated approximately US$3.69 billion from the sale in the largest equity offering in India to date.

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