Coal India Limited has informed the Exchange regarding 'Public Notice No.- STK-6/010648/2026-Striking off or removal of the name of CIL Solar PV Ltd (A wholly owned subsidiary of Coal India Ltd.) under section 248(2) of the CompaniesAct, 2013'.
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Coal India has informed stock exchanges that the Ministry of Corporate Affairs (MCA) has issued a public notice proposing to strike off (remove) the name of its wholly owned subsidiary, CIL Solar PV Ltd, under Section 248(2) of the Companies Act, 2013. CIL Solar PV Ltd was the company's vehicle for solar power operations. A 30-day window is open for any person to object to the proposed removal. After this period, if no valid objection is received, the subsidiary's name will be removed from the Registrar of Companies, effectively dissolving it. This filing is a disclosure of the MCA's public notice, not a Coal India decision per se. The subsidiary was likely a dormant or non-operational entity, as strike-off proceedings under Section 248(2) typically apply to companies that have not been carrying on business.
This is a routine corporate housekeeping matter with no material financial impact on Coal India shareholders. CIL Solar PV was a wholly owned subsidiary with limited operations, so its dissolution will not affect consolidated earnings or the parent company's main coal mining business.