GENERAL28 Sept 2026
IEX subsidiary Indian Coal Exchange applies for trading licence with CCO
Indian Coal Exchange Limited has applied to the Coal Controller Organisation (CCO) for a licence to run a coal trading exchange. It is a subsidiary of IEX. The exchange will work on physical delivery, giving buyers and sellers one technology-enabled platform to trade together. If you buy or sell coal, keep an eye on this new marketplace as it takes shape.
Key Statutory Highlights
- Indian Coal Exchange Limited has applied for a licence with the Coal Controller Organisation to set up a coal trading exchange.
- The exchange will operate as a physical delivery-based coal trading exchange.
- It will provide a technology-enabled marketplace that brings buyers and sellers together on a single platform.
Actionable Advice for Taxpayers / Founders:Track the licence decision and how this platform develops, then check with your CA or coal supplier before shifting any part of your coal buying or selling to the new exchange.
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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