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CMPDI Shares Worth Over ₹9,500 Crore Free Up as Lock-In Period Ends
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CNBC TV18•06-10-2026, 07:37
CMPDI Shares Worth Over ₹9,500 Crore Free Up as Lock-In Period Ends
- •A six-month shareholder lock-in period for Central Mine Planning and Design Institute Ltd. comes to an end, freeing up 464 million shares for trade.
- •The newly eligible shares account for 65% of the company's total outstanding equity and are valued at ₹9,558 crore based on the previous closing price.
- •The end of the lock-in period only makes the shares eligible for trading rather than guaranteeing immediate open market sales.
- •CMPDI is a subsidiary of Coal India Ltd., which retains an 85% promoter stake in the company following its listing earlier this year.
Key Questions Answered
A total of 464 million shares of Central Mine Planning and Design Institute Ltd., amounting to 65% of the company's outstanding equity, are freeing up as the six-month shareholder lock-in ends on Tuesday. Based on Monday's closing price, these eligible shares are valued at over ₹9,558 crore.
No, the expiration of the shareholder lock-in period does not mean that all the shares will be sold in the open market. They merely become eligible for trading.
Central Mine Planning is a subsidiary of Coal India Ltd., which held an 85% promoter stake in the company at the end of the June quarter. This remains safely above the minimum public shareholding regulatory limit of 75%.
