BSE Scrip: Not Specified
Announcement Date: August 25, 2026
Offer Details:
Type of Transaction: Offer for Sale (OFS) through stock exchange mechanism
Seller (Promoter): President of India acting through Ministry of Mines, Government of India
Number of Shares Offered:
- Base Offer Size: 2,90,10,721 Equity Shares (3.00% of total paid-up equity)
- Oversubscription Option: Additional 2,90,10,721 Equity Shares (3.00% of total paid-up equity)
- Total Offer Size: 5,80,21,442 Equity Shares (6.00% of total paid-up equity)
Percentage of Paid-Up Equity: 6.00% (if oversubscription option exercised)
Timelines:
T Day (Non-Retail Investors): August 25, 2026
T+1 Day (Retail Investors and Carry-Forward Bids): August 26, 2026
Bidding Hours: Not Specified
Pricing & Allocation:
Floor Price: Not Specified
Retail Discount: Not Specified
Allocation Method:
- Retail Category: 58,02,146 Equity Shares (10% of total Offer Size) reserved for retail investors on T+1 day
- Employee Offer: 25,000 Equity Shares (0.0026% of total paid-up equity) for eligible employees
- Non-Retail Category: Allocation through stock exchange mechanism as per OFS Guidelines
Mutual Funds & Insurance Companies: Not Specified
Brokers & Settlement:
Seller's Brokers: Not Specified
Settlement Broker: Not Specified
Settlement Timelines: Not Specified
Withdrawal & Cancellation Conditions:
Withdrawal: Not Specified
Cancellation: Not Specified
Cooling-off Period Post Withdrawal: Not Specified
Other Noteworthy Information:
The offer is conducted through separate designated windows of BSE Limited and National Stock Exchange of India Limited. All capitalized terms not defined in this intimation letter have the same meanings as ascribed in the Notice dated August 24, 2026. The Employee Offer will be made in accordance with the terms and conditions provided in the OFS Guidelines.