Coal India sets OFS floor-price at Rs.358 ( 4.5% discount )

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Coal India sets OFS floor-price at Rs.358 ( 4.5% discount )

“With reference to the earlier announcement dated January 28, 2015 regarding Notice of Offer for Sale of Shares by Promoter, The President of India, acting through and represented by the Ministry of Coal, Government of India is the promoter of Coal India Limited (the "Seller") has now informed BSE that the floor price for the Sale in terms of the SEBI OFS Circular shall be…Rs. 358/,” according to an exchange announcement.