COALINDIABSECoal India LtdMediumNeutral
Announced Tue, 12 May · 11:15 IST

Please find the attached information of Striking Off and Dissolution of CIL Solar PV Limited (A wholly owned subsidiary of Coal India Ltd.)

Strategic Transactions View source PDF

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Price reaction · full curve 14 horizons · vs prior close
-0.8%1-day move
₹463.65
prior close
₹467.50
base price
In-mkt
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+0.1+0.0-0.4-0.3-0.8-1.5-0.3-0.5-1.6-1.4+2.3-4.1-7.1
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AI summary

Coal India Limited has announced that its wholly owned subsidiary, CIL Solar PV Limited, has been struck off from the Register of Companies by the Ministry of Corporate Affairs under Section 248(2) of the Companies Act, 2013. The dissolution notice was received on 12.05.2026. This appears to be a routine wind-up of a non-core subsidiary that was involved in solar energy ventures. CIL Solar PV was never a listed entity, and its dissolution has no direct impact on Coal India's primary operations of coal mining and sales.

Likely market impact

The dissolution of CIL Solar PV Limited is a minor administrative event with negligible impact on Coal India shareholders. It represents the wind-up of a small non-operational subsidiary and does not affect the company's core coal business or financial position.