GENERAL28 Sept 2026
IEX subsidiary Indian Coal Exchange applies for coal exchange licence
Indian Coal Exchange, a subsidiary of the Indian Energy Exchange (IEX), has applied for a licence to run a coal exchange. The planned platform will use physical delivery and offer a transparent, technology-enabled marketplace for coal trading under the Coal Exchange Rules, 2026. If approved, coal buyers and sellers would have a clearer, more open market. Watch for the licence decision.
Key Statutory Highlights
- Indian Coal Exchange, a subsidiary of IEX, has applied for a coal exchange licence.
- The proposed exchange will work on physical delivery for coal trading.
- It will operate under the Coal Exchange Rules, 2026.
Actionable Advice for Taxpayers / Founders:If you buy or sell coal, keep an eye on the licence decision and read the Coal Exchange Rules, 2026 before changing how you trade.
Statutory Disclaimer: TaxQue Shorts are AI-assisted editorial briefs for compliance awareness. This brief has not passed every source check; confirm the original notification before acting. This does not constitute formal legal or CA counsel.
TaxQue News Desk
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