Coal India Limited to Incorporate Intermediate Holding Company in Singapore
Kolkata – March 23, 2026 – Coal India Limited announced that its Board of Directors approved a proposal to incorporate an Intermediate Holding Company (IHC) in Singapore.The move is intended to facilitate the exploration and development of overseas opportunities, specifically focusing on critical minerals asset acquisition. The IHC will also enable efficient management of overseas investments and provide structural flexibility for potential future acquisitions.
Coal India Limited will hold a 100% equity stake in the Singapore-based IHC. The name and incorporation date of the IHC are yet to be finalized.
The initiative required approvals from the Ministry of Corporate Affairs (MoC) and the Department of Investment and Public Asset Management (DIPAM). The cost of subscription will be finalized in due course.
| Particulars | Details |
|---|---|
| Industry | Mining |
| Nature of Consideration | 100% equity investment |
| Shareholding by Coal India Limited | 100% |
B. P Dubey, Executive Director (CS) and Compliance Officer for Coal India Limited, made the announcement.
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