Coal India incorporates arm in Singapore for critical minerals opportunities
This story was originally published at 22:44 IST on 24 August 2026
Register to read our real-time news.Informist, Monday, Aug. 24, 2026
NEW DELHI – Coal India Ltd. Monday said it had incorporated a wholly-owned subsidiary in Singapore to explore and develop overseas opportunities in the field of critical minerals asset acquisition. The subsidiary, CIL Global Pte. Ltd., will also enable an efficient management of overseas investments, and provide structural flexibility for future acquisitions, the company said in an exchange filing.
One Singapore dollar per share for 500,000 shares is the price at which the shares have been subscribed, as per the exchange filing. The company will require approvals from the Ministry of Coal and Department of Investment and Public Asset Management for the incorporation, the exchange filing said.
For the June quarter, the company reported a consolidated net profit of INR 88.52 billion on revenues of INR 462.55 billion. Shares of the company closed 0.4% higher at INR 406.90 on the National Stock Exchange. End
Reported by Astha Oriel
Edited by Deepshikha Bhardwaj
For users of real-time market data terminals, Informist news is available exclusively on the NSE Cogencis WorkStation.
Cogencis news is now Informist news. This follows the acquisition of Cogencis Information Services Ltd. by NSE Data & Analytics Ltd., a 100% subsidiary of the National Stock Exchange of India Ltd. As a part of the transaction, the news department of Cogencis has been sold to Informist Media Pvt. Ltd.
Informist Media Tel +91 (11) 4220-1000
Send comments to feedback@informistmedia.com
© Informist Media Pvt. Ltd. 2026. All rights reserved.
To read more please subscribe
Share this Story:
