Govt may appoint CIL chief, hold divestment roadshow soon

CNBC-TV18 learns that the government will embark on a three-day roadshow in United Kingdom, United States and South Asia from November 17 in order to woo foreign investors for a further stake sale in Coal India.

November 12, 2014 / 21:44 IST

26 Aug, 2025 12:21

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CNBC-TV18 learns that the government will embark on a three-day roadshow in United Kingdom, United States and South Asia from November 17 in order to woo foreign investors for a further stake sale in Coal India.

We also learn that a roadshow in Mumbai is scheduled between November 13 and 14 while Chennai will have its roadshow post the international roadshows.

However, CNBC-TV18 learns that a new chairman for coal India may be appointed before the government embarks on its internatlonal roadshows.

The government is looking at divesting 10% stake in Coal India amidst trade unions striking from November 24.

first published: Nov 12, 2014 09:44 pm

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