Wholly Owned Subsidiary Applies to Coal Controller for Coal Exchange Licence
Indian Coal Exchange Limited, a wholly owned subsidiary, has applied to the Coal Controller Organisation on September 25, 2026 for a licence to operate as a Coal Exchange under the Coal Exchange Rules, 2026.
By ScoutQuest · · 1 min read
- Subsidiary
- Indian Coal Exchange Limited, wholly owned subsidiary
- Application Date
- September 25, 2026
- Regulatory Body
- Coal Controller Organisation (CCO)
- License Type
- Coal Exchange licence under Coal Exchange Rules, 2026
- Status
- Application subject to CCO scrutiny and approval
What was shared
The company informed the exchanges that Indian Coal Exchange Limited, its wholly owned subsidiary, has submitted an application to the Coal Controller Organisation (CCO) seeking a licence to operate as a Coal Exchange.
Key points
- The application was submitted on September 25, 2026.
- It is made under the applicable provisions of the Coal Exchange Rules, 2026.
- The application is subject to scrutiny and approval by the CCO.
- Any material developments will be disclosed to the stock exchanges as required.
How to read it
This is an application stage step, not an approval. It signals the group's intent to extend its exchange platform business beyond power into coal trading, subject to the regulator granting the licence.
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