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    "headline": "Coal India Files IPO for Mahanadi Coalfields Subsidiary",
    "dek": "Coal India filed for an IPO to sell a 10% stake in its Mahanadi Coalfields subsidiary.",
    "prose": "Coal India filed documents on Monday to sell a 10% stake in its subsidiary Mahanadi Coalfields through an initial public offering. [^1]\n\nCoal India share price jumped more than 4% in early deals on the BSE on Wednesday, September 2, defying weak market sentiment. [^2]\n\nCoal India plans to sell up to 661.8 million shares in the offering, while Mahanadi Coalfields will not issue new shares and will not receive any proceeds from the sale. [^3]\n\nCoal India, the world's largest coal producer, contributed about 74% of India's total coal production in fiscal 2026. [^4]\n\nMahanadi Coalfields operates mainly in the eastern state of Odisha and accounted for 21% of India's total domestic coal production and 28.4% of Coal India's total coal production in fiscal year 2026. [^5]\n\nCoal India reported in an exchange filing after market hours on September 1 that it increased its total coal supplies to 60.60 million tonnes (MT) in August. [^6]\n\nCoal India shares opened at ₹405.25 against a previous close of ₹402.50 and jumped 4.2% to an intraday high of ₹419.30. [^7]\n\nThe company stated that total coal supplies in August registered a 5.50% growth over the 57.40 MT supplied during the corresponding month last year. [^8]",
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      "statement": "Coal India filed documents on Monday to sell a 10% stake in its subsidiary Mahanadi Coalfields through an initial public offering.",
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      "statement": "Coal India plans to sell up to 661.8 million shares in the offering, while Mahanadi Coalfields will not issue new shares and will not receive any proceeds from the sale.",
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