(a) whether the Government is considering to denationalize the Maharatna Public Sector Coal India Limited (CIL);
(b) if so whether the Government has received any proposal in this regard;
(c) if so the details thereof;
(d) whether the employees have warned the Government about any move towards the denationalisation of CIL; and
(e) if so, the details thereof and the reaction of the Government thereto?
MINISTER OF STATE (IC) IN THE MINISTRY OF COAL, POWER AND NEW & RENEWABLE ENERGY
(SHRI PIYUSH GOYAL)
(a) to (e) : There is no proposal under consideration with the Government to denationalise CIL. However, the Government has disinvested 10% paid up equity capital in CIL out of Government of India’s Shareholding of 89.65% through offer for sale (OFS) method on 30.01.2015 to comply with SEBI guidelines of minimum public shareholding of 25% for listed companies. At present the Government of India’s Shareholding in CIL is 79.65%.
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