Coal India Limited has informed the Exchange regarding 'Striking Off and Dissolution of CIL Solar PV Limited (A wholly owned subsidiary of Coal India Ltd.) under section 248(2) of the Companies Act, 2013.'.
COALINDIA · price
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Coal India Limited has announced that its wholly owned subsidiary, CIL Solar PV Limited, has been struck off from the Register of Companies and dissolved by the Ministry of Corporate Affairs under Section 248(2) of the Companies Act, 2013. The dissolution notice was issued on 11.05.2026 and received by Coal India on 12.05.2026. This follows a prior letter dated 20.04.2026. The subsidiary was involved in solar PV operations, reflecting Coal India's diversification into renewable energy, but is now formally closed and removed from official records.
The dissolution of CIL Solar PV Limited has no material financial impact on Coal India as it was a wholly owned subsidiary, though it signals the winding down of one of Coal India's renewable energy ventures.