Coal India Strikes Off CIL Solar PV Limited Under Companies Act, 2013
Coal India Limited has announced the striking off and dissolution of CIL Solar PV Limited, its wholly owned subsidiary, pursuant to MCA Notice No. STK-7/001155/2026 dated 11.05.2026. The name of CIL Solar PV Limited has been struck off from the Register of Companies and the company stands dissolved under Section 248(5) of the Companies Act, 2013. The disclosure was made to stock exchanges on 12.05.2026 in compliance with Regulation 30 of SEBI (LODR) Regulations, 2015.
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Coal India Limited has announced the striking off and dissolution of CIL Solar PV Limited, its wholly owned subsidiary, following a formal notice from the Ministry of Corporate Affairs (MCA), Government of India. The development was communicated to the stock exchanges on 12.05.2026, in accordance with Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.
Dissolution of CIL Solar PV Limited
The Ministry of Corporate Affairs issued Notice No. STK-7/001155/2026 dated 11.05.2026, which was received by Coal India Limited on 12.05.2026. Pursuant to sub-section (5) of Section 248 of the Companies Act, 2013, the name of CIL Solar PV Limited has been struck off from the Register of Companies, and the said company stands dissolved. This action follows a prior communication by Coal India Limited to the exchanges dated 20.04.2026.
Key Details of the Corporate Action
The following table summarises the key details pertaining to the striking off and dissolution:
| Parameter: | Details |
|---|---|
| Subsidiary Name: | CIL Solar PV Limited |
| Relationship: | Wholly Owned Subsidiary of Coal India Limited |
| Applicable Law: | Section 248(2) of the Companies Act, 2013 |
| MCA Notice Number: | STK-7/001155/2026 |
| MCA Notice Date: | 11.05.2026 |
| Date of Receipt: | 12.05.2026 |
| Effective Action: | Struck off from Register of Companies and Dissolved |
| Disclosure Regulation: | Regulation 30 of SEBI (LODR) Regulations, 2015 |
Regulatory Disclosure
The disclosure was signed by B. P. Dubey, Executive Director (Company Secretary) and Compliance Officer of Coal India Limited, and was addressed to the Listing Departments of both Bombay Stock Exchange Limited and National Stock Exchange of India Limited. Coal India Limited is a Maharatna company with its registered office located at 3rd Floor, Core-2, Premises No. 04-MAR, Plot No. AF-III, Action Area-1A, Newtown, Rajarhat, Kolkata-700156.
Historical Stock Returns for Coal India
| 1 Day | 5 Days | 1 Month | 6 Months | 1 Year | 5 Years |
|---|---|---|---|---|---|
| +0.78% | -1.26% | +7.50% | +20.74% | +17.99% | +204.01% |
How will Coal India Limited restructure its renewable energy strategy following the dissolution of CIL Solar PV Limited, and will it pursue solar investments through alternative entities or partnerships?
Does the striking off of CIL Solar PV Limited signal a broader retreat by Coal India from clean energy diversification, potentially impacting its long-term ESG ratings and investor sentiment?
Could the dissolution of this solar subsidiary affect Coal India's compliance with government-mandated renewable energy obligations for public sector undertakings?
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