The government is likely preparing an Offer for Sale (OFS) in Coal India, with plans to divest a 3–4% stake worth around ₹10,000 crore, according to a report by CNBC-TV18 citing sources.

The report said the proposed OFS could be launched soon, with the government expected to offer shares at an attractive discount to the current market price in order to boost investor participation.

As of March 31, 2026, the government held a 63.1% stake in Coal India, one of India’s largest state-run companies and the world’s biggest coal producer by output. A 3–4% divestment would help the government raise substantial funds while also increasing public shareholding in the company.

According to CNBC-TV18 sources, discussions around the timing and structure of the OFS are ongoing. However, there has been no official confirmation yet from the government or the company. The report noted that CNBC-TV18 has reached out to Coal India and the Department of Investment and Public Asset Management (DIPAM), with responses still awaited.

The development has placed Coal India shares in focus in the market, as investors assess the possible pricing and impact of the proposed stake sale. OFS transactions typically involve institutional and retail participation and are commonly used by the government for strategic divestment in public sector enterprises.

Coal India remains a key contributor to India’s energy sector, supplying coal to power plants and industries across the country. Any major government stake sale in the company is expected to attract close attention from domestic and institutional investors.

Market participants are now watching for official announcements regarding the proposed OFS, including details on pricing, timelines and the size of the final offer.

government stake sale | Business Upturn

Government to offload stake worth Rs 10,000 crore in Coal India via OFS: Report