MCA Proposes Striking Off Name of CIL Solar PV Ltd., Wholly Owned Subsidiary of Coal India
Coal India Limited announced that the Ministry of Corporate Affairs (MCA), Government of India, has proposed to remove or strike off the name of CIL Solar PV Ltd., which is a wholly owned subsidiary of Coal India Ltd.The communication confirms that the Registrar of Companies proposes this action under Section 248(2) of the Companies Act, 2013.
The notice further stated that any person who wishes to object to the proposed removal or striking off of the company's name is advised to submit their objection to the MCA office address within thirty days from the date of the public notice.
The details of the company involved and the regulatory basis for the proposal are as follows:
| Detail | Information |
|---|---|
| Parent Company | Coal India Limited (Coal India Ltd.) |
| Subsidiary Company | M/s CIL Solar PV Ltd. |
| Relationship | Wholly Owned Subsidiary |
| Proposed Action | Removal or Striking off the name |
| Regulatory Basis | Section 248(2) of the Companies Act, 2013 |
| Date of Communication | April 20, 2026 |
COALINDIA Stock Price Movement
Today, Coal India Limited shares edged higher to close at ₹441.75, having gained 0.68% for the day. The stock settled on strong buying interest, trading a total volume of 8.09 million shares during the session.Source:
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