{"id":337396,"date":"2020-02-14T11:38:01","date_gmt":"2020-02-14T06:08:01","guid":{"rendered":"http:\/\/infralive.com\/web\/?p=337396"},"modified":"2020-02-14T11:38:01","modified_gmt":"2020-02-14T06:08:01","slug":"coal-india-may-meet-35-public-holding-target-by-fiscal-end","status":"publish","type":"post","link":"https:\/\/infralive.com\/web\/coal-india-may-meet-35-public-holding-target-by-fiscal-end\/","title":{"rendered":"Coal India may meet 35% public holding target by fiscal end"},"content":{"rendered":"<p>Thanks to its public issues and stake sales through the ETF route, Coal India (CIL) is poised to meet its target of 35% public holding after imminent sale of an another 1.14% stake from the present government holding of 66.14%. A CIL official said the company will shortly make another tranche of offer to reach the proposed 35% public holding level for listed companies. Since April last year, the Centre has offloaded 4.82% stake in the company and has raised around Rs 5,700 crore. The last tranche of the offer was made last week through a CPSE exchange-traded fund, wherein the Centre sold 179.57 million shares and raised around Rs 3,300 crore. The shares were priced at Rs 177.9 per share, the official said.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Thanks to its public issues and stake sales through the ETF route, Coal India (CIL) is poised to meet its target of 35% public holding after imminent sale of an another 1.14% stake from the present government holding of 66.14%. A CIL official said the company will shortly make another tranche of offer to reach the proposed 35% public holding level for listed companies. Since April last year, the Centre has offloaded 4.82% stake in the company and has raised around Rs 5,700 crore. The last tranche of the offer was made last week through a CPSE exchange-traded fund, wherein [&hellip;]<\/p>\n","protected":false},"author":39,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[198,130,138],"tags":[],"class_list":["post-337396","post","type-post","status-publish","format-standard","hentry","category-coal-the-financial-express","category-newspapers","category-the-financial-express"],"acf":[],"_links":{"self":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/337396","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/users\/39"}],"replies":[{"embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/comments?post=337396"}],"version-history":[{"count":0,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/337396\/revisions"}],"wp:attachment":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/media?parent=337396"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/categories?post=337396"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/tags?post=337396"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}