Coal India Limited to Close Step-Down Subsidiary, MJSJ Coal Limited
Kolkata – Coal India Limited (CIL) announced on March 23, 2026, that its board approved the closure of MJSJ Coal Limited, a step-down subsidiary of Mahanadi Coalfields Limited.The decision follows the cancellation of coal blocks by the Hon'ble Supreme Court, rendering the subsidiary not in operation.
The closure is pending approval from the Ministry of Coal and DIPAM. A timeline for the closure was not specified beyond receiving the necessary approvals.
According to details provided under Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, the closure does not involve a binding agreement for the sale of any unit or division, nor does it impact the listed entity’s turnover, revenue, income, or net worth.
CIL’s stock trades on the Bombay Stock Exchange under the Scrip Code 533278 and on the National Stock Exchange of India Limited under the ISIN INE522F01014.
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